Dogecoin continues to weaken against USDT, with price action trapped below a long-term descending trendline. According to trader Stefan, the bearish structure remains intact unless DOGE can reclaim the $0.11 level with conviction. Until then, the high-probability downside target sits near $0.047, an equal-lows liquidity zone that could act as the next major pivot.
The weekly DOGE/USDT chart reveals a series of lower highs and lower lows, keeping sellers in control. Stefan emphasized that breaking above $0.11 would invalidate the bearish setup, but until that happens, the $0.047 area remains in focus. Below that, historical support levels at $0.041 and $0.028 could come into play if the first liquidity target fails to hold.
Meanwhile, the DOGE/ETH pair is hovering near a critical long-term support band. Analyst polaris_xbt highlighted that the lower green zone has consistently sparked relative-strength rallies in the past, while the upper red zone marks major resistance during DOGE outperformance cycles. Holding this support could trigger a rotation back into Dogecoin, allowing it to outperform Ethereum again. A breakdown, however, would confirm Ethereum’s continued dominance.
