Dogecoin falls below $0.10 as sellers dominate; key levels at $0.092 and $0.08
Dogecoin (DOGE) slid below its psychological $0.10 support on 20 February 2026, touching a local low of $0.095 before a small rebound to $0.098. Market internals show clear bearish dominance: TradingView’s Bulls vs Bears indicator reads 64 bears to 9 bulls, Buyer–Seller Strength places sellers near 68, and Coinalyze exchange flow data reports five consecutive days of higher sell volume (latest 24h: 697M sell vs 619M buy; buy–sell delta -78M). Momentum metrics are weak — RSI has remained below 50 for about a week and the Price Momentum Oscillator is negative despite a recent bullish crossover — supporting a medium- to long-term downtrend rather than a brief pullback. Earlier technical notes flagged oversold signals (TD Sequential buy ’9’, RSI ~33, lower Bollinger Band touch) and a potential liquidity sweep near $0.09 that could trap weak hands and spur corrective rallies; however, the newer flow and dominance data point to sustained selling pressure. Analysts identify downside targets at $0.092 and then $0.08 if selling continues. To invalidate the bearish case, DOGE must reclaim and hold $0.10 and then $0.11 on daily closes. Traders should prioritize risk management, watch buy–sell delta and exchange flows, and treat bounces as potential shorting or distribution opportunities until clear reclaim of key levels occurs. Primary keywords: Dogecoin, DOGE price, sell volume, RSI, momentum. Secondary/semantic keywords: support level, buy–sell delta, bearish dominance, liquidity sweep, Bollinger Bands.
Bearish
Both summaries point to sustained selling pressure and weak momentum for DOGE. Exchange flow and buy–sell dominance data in the later piece strengthen the bearish case: five straight days of higher sell volume, a negative buy–sell delta and TradingView indicators showing large bear dominance indicate active distribution rather than a temporary shakeout. Although earlier technicals (TD Sequential ’9’, low RSI, lower Bollinger Band touch) suggested oversold conditions and the possibility of corrective rallies, those are counterbalanced by persistent outflows and weak momentum metrics (RSI <50, negative Price Momentum Oscillator). Short-term implications: increased likelihood of further declines toward $0.092 and $0.08; bounces are vulnerable and may serve as selling opportunities. Medium-to-long-term implications: until DOGE reclaims and holds $0.10–$0.11 on daily closes with improving buy–sell delta and volume profile, the downtrend is likely to persist. Risk management is essential — traders should watch exchange flow, buy–sell delta, and key support levels to time entries or protect positions.