Dogecoin is experiencing bearish pressure after failing to break the $0.18 resistance level, with potential declines to $0.15 and $0.13. The memecoin sector has seen a 31% drop in value over the past month, according to CoinMarketCap. Additionally, open interest in Dogecoin has decreased by 3.66% in the last 24 hours, indicating short-term bearish sentiment as the price fell by 2.67%. Technical indicators such as on-balance volume (OBV) and the Money Flow Index (MFI) suggest seller dominance in the market. A sustained move above $0.209 is required to reverse the current bearish outlook.