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Dogecoin price falls below key $0.0828 support amid rising U.S. inflation data.

Technical Signals
16 Oct 2026
Tokenpost
View Source
Bearish
Dogecoin price falls below key $0.0828 support amid rising U.S. inflation data.

Dogecoin (DOGE) price dropped to $0.08237 on October 16, falling below the previously identified support level of $0.0828 and the $0.10 neckline from technical charts. This decline indicates a weakening pattern with no breakout confirmed yet. Meanwhile, U.S. inflation rose to 3.7% year-over-year in September, up from 3.4% in August, potentially influencing market sentiment. Investors should watch for further price movements as the technical pattern develops and inflation data impacts broader markets.

Dogecoin's market cap on Pluang stands at Rp231.56 trillion as of October 16, 2026, 21:42 WIB, with a 24-hour trading volume of Rp13.06 trillion. Despite the article noting a price drop below $0.0828, on Pluang DOGE's price is up 4.11% at Rp1,468, supported by a 64% buy order activity and an average holding period of 110 days. This data highlights active trading interest and resilience in the token among Pluang users.

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