Dogecoin (DOGE) is experiencing significant short-selling activity, with major players opening and exiting positions totaling $13.33 million at an average price of $0.0992. The cryptocurrency is currently testing a crucial support zone between $0.09854 and $0.09784, as selling pressure intensifies. Technical indicators on the 45-minute chart show weakening momentum, with the MACD's bullish energy contracting and open interest rising, suggesting shorts are gaining control. If the support zone is breached, DOGE could face further declines. However, if it holds, resistance at $0.10 may become the next focal point for traders.