Dogecoin has entered a bearish phase following a breakdown from a symmetrical triangle pattern on the H4 chart, with its price dropping below $0.123. This technical move indicates a potential 15% decline, targeting the $0.10 to $0.11 range. Analysts caution that if bullish momentum does not emerge, Dogecoin could face further declines, potentially reaching $0.096 or even $0.08. However, some analysts suggest a possible rebound to late November levels, which could set the stage for a rally towards $0.18.