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Dogecoin falls 1.2% amid weak buying and strong selling pressure, struggling to break key resistance at $0.081.

Technical Signals
29 Jul 2026
AMBCrypto
View Source
Bearish
Dogecoin falls 1.2% amid weak buying and strong selling pressure, struggling to break key resistance at $0.081.

Dogecoin's price dropped 1.2% with a 10.3% decline in trading volume and a 1.3% decrease in Open Interest, reflecting weak bullish momentum. Despite a rare buy signal, selling pressure remains strong, preventing a price rebound above the key resistance zone at $0.081, where 35 billion tokens were previously bought. The overall trend is bearish, with support levels at $0.088, $0.078, and $0.057 under watch for potential further declines. A reversal in Bitcoin's price or a positive shift in market sentiment could help Dogecoin recover, but currently, sellers dominate the market.

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