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Dogecoin faces resistance near $0.086, buyers defend $0.080 support to keep rebound hopes alive.

Technical Signals
06 Jun 2026
Coinpaper
View Source
Neutral
pluang ai news

Dogecoin (DOGE) is testing a major long-term resistance zone near $0.086, a level that has historically triggered price declines. The monthly chart shows DOGE at the upper boundary of a descending channel, suggesting potential bearish pressure if it fails to break out. However, intraday order flow indicates buyers are defending a key support around $0.080, absorbing selling pressure and setting up a possible short-term rebound. If DOGE holds above this support and moves past $0.0827, it could target resistance near $0.086 to $0.089, but failure to break resistance may lead to a decline toward lower channel support.

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