## Dogecoin (DOGE) Faces Technical Weakness According to a recent CoinDesk analysis, Dogecoin (DOGE) is exhibiting technical weakness, potentially leading to a price decline toward $0.14. This bearish outlook stems from a breach of the $0.1830 support level and the formation of a death cross, where the 50-day EMA fell below the 200-day EMA. Currently, a significant liquidity pool of 3.78 billion DOGE lies within the $0.177-$0.179 range. This area is expected to act as a crucial defense line. However, should this support fail to hold, the analysis suggests a further drop is possible, potentially reaching the $0.14 level. Traders and investors should monitor these key levels closely. This analysis highlights the importance of technical analysis in understanding potential price movements in the cryptocurrency market. ```