Dogecoin (DOGE) Technical Analysis on October 16, 2025: Bearish Pressure or Bounce Opportunity?
On October 16, 2025, DOGE trades around $0.198, down 4.08% daily. Key supports at $0.193 and $0.185, resistances at $0.203 and $0.217 highlight the range. RSI at 39 signals selling pressure, MACD bearish, yet nearing oversold for reversal potential. High volume and mixed cues sustain consolidation. Forecasts see $0.185-$0.217 through October's end. This breaks down data and strategies.