Dogecoin (DOGE) is testing resistance at the 50-day Exponential Moving Average (EMA) as it trades at $0.09132, down 2.8% in the past 24 hours. The cryptocurrency is struggling to break above the $0.094–$0.095 range, with recent price action showing a pattern of lower highs and lows. DOGE remains in a broader corrective phase, down 8.9% weekly and 60.3% over the past year, as it hovers near the psychological support level of $0.090. On the daily chart, Dogecoin continues its downtrend, trading below both the 50-day EMA at $0.1116 and the 100-day EMA at $0.1296. The bearish alignment of these averages suggests continued downward momentum unless DOGE can decisively break above the 50-day EMA. Short-term analysis by Trader Tardigrade indicates potential for a rebound, with a target of $0.119, requiring a 30% surge from current levels. However, without a breakout above the 50-day EMA, DOGE remains vulnerable to further declines.