DOGE Price Plummets Amid Bearish Momentum

DOGE has been experiencing a 'slow bleed' as its price continues to drop. On July 24, 2026, the meme coin's value hit $0.06995 with a daily loss of -3.18%. Despite tagging a high of $0.0725 earlier in the day, bulls were unable to hold onto their gains and prices slid towards the session low of $0.0689.

The momentum picture is bearish, with oscillators exhausted but not reversing. Stochastics are deep in oversold territory near 22/17, while MACD histogram is dead flat at zero, indicating a lack of upward momentum.

According to Binance Futures data, retail traders are overwhelmingly long on DOGE, with a 72% position. However, this is accompanied by declining open interest and anemic spot volume of just $68M on the session.