Dogecoin price is trading in a defined descending channel after losing the point of control, with weak bounces increasing the probability of a deeper pullback toward lower channel support.
Summary
- DOGE is holding a descending channel with lower highs and lower lows
- Loss of the Point of Control confirms weakening acceptance and trend continuation
- $0.11 support (VAL confluence) is key, but downside risk remains active
Dogecoin (DOGE) price continues to trend lower, with price action remaining locked inside a clearly defined descending channel. This structure is characterized by consistently lower highs and lower lows, showing that sellers remain in control and bullish attempts are still being rejected at channel resistance.
Rather than recovering aggressively, Dogecoin’s corrective move has remained orderly, which often signals trend continuation rather than reversal.
Dogecoin price key technical points
- DOGE is trading in a descending channel, confirming bearish trend structure
- Loss of the point of control signals weakening acceptance and seller control
- Key support sits near $0.11 (VAL confluence), but downside risk remains active
Descending channels are common during corrective phases and downtrends, and they often act as reliable frameworks for tracking trend direction. In DOGE’s case, both channel resistance and channel support are clearly defined, creating a technical roadmap for price movement.
The reason this structure matters is that it reflects steady, controlled selling pressure. In bullish reversals, price typically breaks above channel resistance with impulsive momentum and strong closes. Instead, DOGE continues to respect the channel boundaries, signaling that the bearish trend remains intact.
Each rally attempt has failed to break structure, reinforcing the lower-high pattern. Until price closes above the descending channel resistance and holds that level with acceptance, sellers remain in control of the broader direction.
$0.11 support is the next high-time-fame demand zone
The next major support region sits around $0.11, aligning with the value area low (VAL) and representing a high-time-frame demand zone. This area has historically acted as a region where buyers attempt to defend price and trigger reactive bounces.
DOGE has already shown a reaction from this area, but the bounce has been relatively weak. Weak reactions at support often indicate that buyers are absorbing some selling pressure, but not enough to flip momentum or reclaim key resistance levels.
If the price continues to fail to recover above the POC and remains trapped within the descending channel, $0.11 becomes a critical decision point. A strong defense could produce a temporary bounce, but continued weakness suggests the market may still test the lower boundary of the channel.
Lower channel support may be tested
The weakness of the current bounce increases the probability that DOGE may revisit and test the lower descending channel support. This is typical behavior in sustained bearish trends: price bounces from support, fails to reclaim resistance, and rotates lower again to continue the downtrend.
If DOGE returns to the lower channel boundary, traders should monitor whether price prints any stronger bullish reaction signals, such as impulsive recoveries or increased volume. If those signals do not appear, the downtrend can continue grinding lower.
This is why the $0.11 region is critical. It’s not just a support level; it is the zone that determines whether DOGE stabilizes within its range or breaks deeper into bearish continuation.
Market structure still favors downside continuation
From a market structure perspective, Dogecoin remains bearish. The core structure is still:
- Lower highs (rallies capped)
- Lower lows (trend continuation)
- POC lost (value shifting down)
- Descending channel respected (bearish control)
Until that structure changes, downside continuation remains the higher-probability scenario. Any upside move that does not break the channel and reclaim key levels should be treated as a corrective bounce rather than a confirmed reversal.
A true reversal would require DOGE to reclaim the POC, break above channel resistance, and establish a higher low that supports a new bullish trend.
What to expect in the coming price action
Dogecoin is currently trading in a descending channel, with the bearish market structure intact, and the loss of the Point of Control confirms that the market is accepting lower prices.
While $0.11 remains a key high-time-frame support zone, the weak reaction from support suggests that sellers still control momentum and the lower channel boundary may be tested again.
If DOGE breaks below $0.11 and fails to reclaim it quickly, downside continuation becomes more likely as the market seeks deeper liquidity. If support holds and buyers show stronger momentum, DOGE may remain range-bound within the channel, but the broader trend remains bearish until resistance breaks.
Source: https://crypto.news/dogecoin-price-solidifies-descending-channel/
