# Dogecoin slides toward $0.0700 support as bearish pressure builds

**Published:** 2026-07-23T19:26:02.239Z  
**Topic:** Dogecoin  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/07a3a026-93e4-4613-98a5-190143335274

Dogecoin drops for a third day, hovering near $0.07 support. Watch key levels $0.0745 and $0.0641 as market risk‑off sentiment persists.

Dogecoin fell for a third consecutive session on July 13, 2026, slipping toward the $0.0700 support zone amid weakening retail demand and bearish derivatives positioning [1].

| At a glance | |
|---|---|
| Price | $0.071 (≈ 1 % down) |
| 24‑h change | –1.2 % |
| Key level | $0.0700 support |
| Catalyst | Diminishing retail interest, negative funding and falling open interest [1] |

## Market pressure and technical backdrop  
The meme coin remains below its 50‑day EMA ($0.0824) and 200‑day EMA ($0.1064), reinforcing a broader downtrend. A descending trendline has repeatedly rejected attempts to rebound, most recently near $0.0745, leaving $0.0700 as the next critical support. A daily close beneath this zone could open a path to $0.0641, a level last seen in October 2023 [1].  

Derivatives data show a 1 % drop in DOGE futures open interest to roughly $1 billion, indicating fewer leveraged positions. The funding rate turned negative at –0.0013 %, signaling a tilt toward short bets. Liquidations over the past day totalled about $2 million, with $1.8 million coming from long positions, underscoring that bullish traders have absorbed most of the recent sell‑off [1].

## Sentiment and on‑chain context  
Broader crypto sentiment is in the “fear” zone, with the Crypto Fear & Greed Index at 29, reflecting heightened caution amid geopolitical tensions involving the United States and Iran. Dogecoin, the largest meme token by market cap at over $12 billion, is seeing retail participation fade, further dampening upside potential [1].  

Technical indicators are mixed: the RSI hovers near 40, edging toward oversold territory, while the MACD stays above its signal line but with diminishing histogram bars, suggesting that any bullish momentum is weakening [1].

## What to watch  
- $0.0745 – a descending trendline resistance; a break could trigger short covering.  
- $0.0700 – decisive support; a close below may open the path to $0.0641.  
- Futures open interest and funding rates – continued declines would reinforce bearish bias.

Dogecoin’s slide highlights how meme assets remain vulnerable to risk‑off sentiment, and the next price break will determine whether the token can stabilize or slide deeper into its downtrend.

## Sources
1. Invezz — [Dogecoin price falls for a third day as $0.07 support starts to crack](https://invezz.com/news/2026/07/13/dogecoin-price-falls-for-a-third-day-as-0-07-support-starts-to-crack/)
2. Investing — [Dogecoin (DOGE) Technical Analysis - Investing.com](https://www.investing.com/crypto/dogecoin/technical)
3. Coinlore — [Dogecoin (DOGE) Technical Analysis - CoinLore](https://www.coinlore.com/coin/dogecoin/technical-analysis)

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Cite as: TrendWatcher, "Dogecoin slides toward $0.0700 support as bearish pressure builds", https://www.trendwatcher.in/article/07a3a026-93e4-4613-98a5-190143335274