DOGE has fallen back to around 0.08. The weekly chart pattern indeed doesn't look very good, but if the lower boundary of the channel holds, a rebound to the 0.1-0.11 range is also possible. Let's wait and see if the liquidation sentiment can ease up.

Crypto界网 reports that DOGE approached $0.081 on the 6th, down over 20% in nearly a week, with BTC falling below $60k triggering liquidations and market panic. Alphractal points out that DOGE has returned to the historical accumulation zone of $0.10–$0.11; the weekly chart shows a large bearish pattern, with the price breaking above the ascending neckline, and $0.16 resistance strengthening. Analyst Ali Martinez states the target is $0.0883, currently testing the lower boundary of the descending channel; if support holds, a rebound to $0.1019–$0.1156 is possible.