Technical indicators suggest that Dogecoin's break below $0.1420 could lead to further declines. Dogecoin's break below $0.1420 indicates a strong downward trend, with the token currently trading below its 100-hour simple moving average. Technical indicators show increasing downward pressure, with a key resistance trendline forming around $0.1440, which may determine Dogecoin's near-term movement. Technical indicators suggest that Dogecoin's break below $0.1420 could lead to further declines. Dogecoin's break below $0.1420 indicates a strong downward trend, with the token currently trading below its 100-hour simple moving average. Technical indicators show increasing downward pressure, with a key resistance trendline forming around $0.1440, which may determine Dogecoin's near-term movement. Dogecoin's closing price below $0.1465 initiated a new round of declines, echoing the overall weakness in the cryptocurrency market. The token broke below support levels at $0.1440 and $0.1420, subsequently hitting a low near $0.1363. The price then rebounded slightly, breaking above the 23.6% Fibonacci retracement level of the decline from the $0.1530 high to the $0.1363 low. However, Dogecoin is currently still trapped below $0.1420 and its 100-hour simple moving average, with immediate resistance at $0.1425. According to Kraken data, a bearish trendline has formed on the DOGE/USD hourly chart, with resistance at $0.1440. The next major resistance level is at $0.1490, coinciding with the 76.4% Fibonacci retracement level. #TrendingTopics #Dogecoin #Bitcoin #Memes $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) {spot}(DogecoinUSDT)