• DOGE holds its downtrend as sellers dominate and EMAs cap every recovery attempt.
• Weak inflows and fading leverage show cautious positioning across all markets.
• DOGE’s twelfth anniversary highlights longevity despite ongoing bearish pressure.

Dogecoin is trading near $0.1438 as it struggles to build momentum after several failed recovery attempts. The broader trend still leans lower because the price remains capped under the short-term and long-term EMAs. 

Consequently, sellers continue to shape market direction, and buyers show limited strength at current levels. Besides this technical pressure, traders now watch liquidity signals and spot flows for clues about the next major move. Sentiment remains cautious because the market has not confirmed any strong shift in direction.

Downtrend Persists as Key Levels Hold

DOGE continues to move inside a descending c…

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