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Dogecoin falls below $0.09 amid bearish signals and record-low memecoin market share.

Technical Signals
07 Oct 2026
Blockonomi
View Source
Bearish
Dogecoin falls below $0.09 amid bearish signals and record-low memecoin market share.

Dogecoin (DOGE) has dropped over 5% this week, trading below its 200-day EMA at $0.093, signaling weakening short-term momentum. Bearish sentiment is rising, with the long-to-short ratio hitting a monthly low of 0.68 and technical patterns suggesting a potential 20% decline to around $0.076. Additionally, memecoin market share relative to altcoins has fallen to an all-time low of 2.7%, reflecting diluted investor interest amid many new memecoin launches. DOGE must reclaim $0.093 to avoid further downside pressure, with key support levels at $0.088 and $0.086 and resistance near $0.102 and $0.11.

Dogecoin is currently trading at Rp1.626 on Pluang, down 4.07% in the last day, with a market cap of Rp279.73 trillion. Sell orders dominate at 72%, indicating cautious sentiment among Pluang users. These figures are as of Oct 07, 2026 15:31 WIB.

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Dogecoin (DOGE) drops near $0.09, with potential support at $0.088 and $0.086, and risk of falling to $0.076-$0.077.

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