The analysis focuses on Dogecoin's recent price action, noting the loss of its uptrend and a significant price dump. The analyst sold most of their Dogecoin near the yearly rolling VWAP, observing a fakeout above this level. Bearish pressure has been evident since then. The cryptocurrency has retraced to around 19 cents which represents a major demand zone. The price is currently between a support level at around 0.19 cents and a resistance level around 0.215 cents. There is potential for a move down lower to 0.175. A move to 0.215 would present a main resistance area. There is no specific strength in Dogecoin, expecting it to move with the rest of the cryptocurrency market.