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Dogecoin drops 6.11% amid crypto selloff, testing key support and resistance levels.

Technical Signals
08 Oct 2026
Tokenpost
View Source
Bearish
Dogecoin drops 6.11% amid crypto selloff, testing key support and resistance levels.

Dogecoin (DOGE) fell 6.11% to $0.083 following a broader cryptocurrency market selloff that pushed Bitcoin below $84,000. This decline led to $688.8 million in liquidations, mostly from long positions. Technical analysts note DOGE is near critical support and resistance levels, with patterns suggesting a possible move below recent lows before a potential rebound or sideways trading. Large holders have been accumulating DOGE near resistance at $0.098, with the next major resistance around $0.11, indicating key levels to watch for a possible bullish breakout or continued consolidation.

As of Oct 09, 2026 02:31 WIB, Dogecoin (DOGE) on Pluang trades at Rp1.496, down 5.56% in one day, a sharper decline compared to Bitcoin's 2.00% drop to Rp1.462.759.148. DOGE's market cap stands at Rp255,01 trillion, much smaller than Bitcoin's Rp29.250,44 trillion, highlighting the difference in scale between the two cryptocurrencies. Pluang users show a stronger buying interest in DOGE with 63% buy orders versus 76% for Bitcoin, while typical hold times are similar at around 110-111 days.

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