Dogecoin‘s value experienced a nearly 4% decline on September 10, approaching the $0.086 mark. This downturn was influenced by the failure to break through a key technical resistance zone, coupled with the liquidation of leveraged long positions. The current market landscape indicates that Dogecoin was rejected near the 200-day exponential moving average around $0.0964. This failure to surpass the key level led to increased selling pressure, pushing DOGE towards a significant support area.