Will Dogecoin Price Crash 20% To 0.08? Assessing DOGE Bearish Outlook

Dogecoin price struggles to hold $0.1 support amid declining derivatives activity, raising the risk of a deeper price correction to $0.08. Dogecoin price faces an uphill battle above $0.1 support as multiple signals favor another dip.

DOGE futures market hints an incoming sell-side pressure as volume, open interest and options volume slide

79.45% of Dogecoin holders face unrealized losses compared to only 17.8% counting losses.

The Bollinger bands squeeze hints at a near-term breakout if $0.1 support holds and DOGE breaks $0.11 resistance.