Dogecoin Rejects Key Resistance — Is a Deeper Pullback Underway?DOGWIFHAT/USD TETHER PERPETUAL SWAP CONTRACTBLOFIN:WIFUSDT.PThe_Alchemist_Trader_Dogecoin (DOGE) has shown signs of weakness after rejecting from the value area high with a swing failure pattern. The rejection has led to a breakdown below the point of control (POC) of the entire visible range, which is also in confluence with the weekly support/resistance flip and the 0.618 Fibonacci retracement. As long as price action remains below this confluence zone, DOGE is structurally weak on the daily timeframe. The failure to reclaim these levels suggests that the market is likely to seek lower support zones before any meaningful reversal can occur. The next major support sits at $0.087, which is a previous swing low and a key liquidity area. If this level is taken out, the move could extend toward the value area low and deeper high-timeframe demand zones between $0.078 and $0.067. This region aligns with an untested order block and would represent a logical area for a macro higher low to form — preserving the long-term uptrend. From a technical perspective, this pullback would be considered constructive, clearing out resting liquidity and allowing for a healthier bullish structure to rebuild. Until key resistance is reclaimed, the short-term bias remains tilted to the downside. Key Levels: Resistance: $0.105 (POC + Weekly SR) Support: $0.087 / $0.078–$0.067 Bias: Bearish until reclaim of POC