Dogecoin (DOGE) Retreats, Market Eyes Potential Extended Pullback

By Aayush Jindal · Published March 6, 2026 · 2 min read · Source: NewsBTC

Dogecoin corrected some gains and traded below $0.10 against the US Dollar. DOGE is now holding the $0.0920 support and might aim for a fresh increase.

DOGE price started a fresh downside correction below $0.10.
The price is trading below the $0.0965 level and the 100-hourly simple moving average.
There is a connecting bullish trend line forming with support at $0.0932 on the hourly chart of the DOGE/USD pair (data source from Kraken).
The price could aim for a fresh increase if it remains stable above $0.0920.

Dogecoin Price Dips Again

Dogecoin price started a downside correction after it failed to stay above $0.1020, like Bitcoin and Ethereum. DOGE declined below the $0.10 and $0.0965 levels.

There was a move below the 50% Fib retracement level of the upward move from the $0.0885 swing low to the $0.1043 high. The price even spiked below $0.0950 before the bulls appeared. The price is now forming a base above $0.09320 and preparing for the next move.

There is also a connecting bullish trend line forming with support at $0.0932 on the hourly chart of the DOGE/USD pair. Dogecoin price is now trading above the $0.0935 level and the 100-hourly simple moving average. Immediate resistance on the upside is near the $0.0950 level.

The first major resistance for the bulls could be near the $0.0978 level. The next major resistance is near the $0.10 level. A close above the $0.10 resistance might send the price toward $0.1050. Any more gains might send the price toward $0.1120. The next major stop for the bulls might be $0.1165.

Another Decline In DOGE?

If DOGE’s price fails to climb above the $0.0950 level, it could continue to move down. Initial support on the downside is near the $0.0932 level.

The next major support is near the $0.0920 level or the 76.4% Fib retracement level of the upward move from the $0.0885 swing low to the $0.1043 high. The main support sits at $0.0880. If there is a downside break below the $0.0880 support, the price could decline further. In the stated case, the price might slide toward the $0.0820 level.

Technical Indicators

Hourly MACD – The MACD for DOGE/USD is now gaining momentum in the bearish zone.

Hourly RSI (Relative Strength Index) – The RSI for DOGE/USD is now below the 50 level.

Major Support Levels – $0.0.920 and $0.0880.

Major Resistance Levels – $0.0950 and $0.0978.

This article was originally published on NewsBTC and is republished here under RSS syndication for informational purposes. All rights and intellectual property remain with the original author. If you are the author and wish to have this article removed, please contact us at [email protected].