Dogecoin's Decline Continues Below $0.1400 Resistance Zone

Dogecoin has fallen below $0.14 and is trading near $0.1348 after breaking through multiple support levels.

This decline follows a broader market drop that also affected Bitcoin and Ethereum, with Dogecoin forming a declining channel pattern on Kraken's hourly chart.

The token is currently consolidating below the 23.6% Fibonacci retracement level of its recent move from $0.1539 to $0.1348.

A break above $0.1400, the main resistance zone, could push prices toward $0.1445 or even higher.