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Dogecoin's expected golden cross is canceled as price falls below key support, signaling weak recovery.

Technical Signals
12 Jun 2026
UToday
View Source
Bearish
pluang ai news

Dogecoin's anticipated golden cross, a bullish technical signal, was canceled after the price dropped below a critical support level near $0.08. This breakdown invalidated the potential trend reversal indicated by the 50-day moving average nearing the 100-day moving average. The price now faces strong resistance around $0.085, and bearish momentum has increased, although some technical indicators suggest selling pressure may ease. Traders remain cautious, watching if Dogecoin can stabilize or if a further decline will occur before any recovery above $0.093-$0.10 can be considered.

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