Dogecoin is still trading inside a clearly defined descending channel, with price structure showing lower highs and lower lows. After losing the Point of Control, the market has shown acceptance of lower prices, and the latest rebound has been weak. That leaves the lower boundary of the channel in focus again.
Loss of POC keeps sellers in control
The technical picture remains straightforward. DOGE continues to respect the channel structure, and each recovery attempt has failed near resistance, preserving the lower-high pattern. This kind of price action points to controlled selling pressure rather than a disorderly move, with no confirmed break in the bearish trend so far.
The source notes that a real reversal would require DOGE to reclaim the POC, break above channel resistance, and then establish a higher low. For now, none of those conditions have been met.
$0.11 support aligns with VAL
The main support zone sits near $0.11, where price meets the Value Area Low. The article describes this as a higher-time-frame demand area, one that has previously attracted buyers and triggered reactive bounces. DOGE has already responded from this region once, but the move lacked strength.
A weak bounce from support usually suggests buyers are absorbing part of the selling pressure without changing momentum. If DOGE keeps failing to move back above the POC and remains trapped in the descending channel, the $0.11 level becomes the market’s main decision point. Holding it could allow a temporary rebound. Losing it would leave room for a deeper continuation lower.
Lower channel boundary may come back into play
Given the current weak recovery, the probability of another test of the lower channel support has increased. That behavior is common in sustained bearish trends: price reacts from support, fails to reclaim resistance, and then rotates lower again. The report says traders should watch for stronger bullish signals if DOGE revisits that lower boundary, such as impulsive recoveries or rising volume.
If those signs do not appear, the broader structure still favors downside continuation. Until DOGE breaks the channel and reclaims key levels, upside moves are better viewed as corrective bounces rather than a confirmed trend reversal. A break below $0.11 without a quick recovery would strengthen the case for another leg lower.