Dogecoin fell after failing to clear $0.0980, sliding below $0.0960 and $0.0955 as its hourly structure weakened. The token later held above $0.0940 and the 100-hour simple moving average. At the same time, SoSoValue showed zero daily ETF net flows for an eighth straight day. Separately, Bithumb moved toward a March 31 vote on CEO Lee Jae Won after a $43 billion phantom Bitcoin error and anti-money laundering penalties.
DOGE started a downside correction after it failed to move above $0.0980. It dropped below $0.0960 and $0.0955, tracking the broader pullback seen in Bitcoin and Ethereum.
The decline also pushed Dogecoin price below the 38.2% Fibonacci retracement of the move from $0.0897 to $0.0978. In addition, DOGE broke under a bullish trend line near $0.0952 on the hourly chart.
Soon after, DOGE price dipped below $0.0950 before buyers stepped in. DOGE then traded above $0.0940 and stayed above the 100-hour simple moving average.
On the upside, immediate resistance sat near $0.0955. After that, the next major barriers stood near $0.0980 and $0.10. A close above $0.10 could open the way toward $0.1080. If momentum continued, the text placed later upside levels near $0.1120 and then $0.120.
Can steady accumulation offset weakening chart signals and flat ETF activity?
If DOGE fails to reclaim $0.0980, downside levels remain in view. Initial support sat near $0.0940, while the next major support stood at $0.09280.
The main support remained at $0.0880. A break below that level could send price toward $0.0840, with $0.080 identified as the next lower area.
SoSoValue data showed zero daily total net flow for Dogecoin ETFs. That marked the eighth straight day of unchanged flows despite swings in the token’s price.
Earlier in the week, US investors on Kraken added 4.5 million DOGE within 12 hours. The buying came during a price dip, and the text said those investors did not rush to sell.
At the same time, Dogecoin sent mixed technical signals. A death cross appeared on its chart, yet DOGE still posted a 6% gain as it moved higher alongside Bitcoin.
Elsewhere, Bithumb sought to reappoint CEO Lee Jae Won at its March 31 shareholder meeting. CoinDesk said the move came after a $43 billion phantom Bitcoin glitch and anti-money laundering violations earlier this year.
The text linked those events to renewed pressure on trust in centralized exchanges. In turn, the Bithumb episode arrived while DOGE traders watched support levels, ETF activity, and signs of fresh accumulation.
Also Read: Dogecoin News Today: DOGE Price Nears Breakout as Whale Buying Lifts Momentum
Dogecoin price slipped below key support after failing to clear $0.0980, while Dogecoin ETF flows remained at zero for eight straight days. Even so, Kraken investors added 4.5 million DOGE, showing continued accumulation as traders watch resistance near $0.0980 and support near $0.0880.