Dogecoin faces downside risk as Bitwise terminates DOGE ETF

Dogecoin is struggling to recover following two consecutive sessions of approximately 3% losses. Bitwise has announced it will cease trading for its BWOW Dogecoin ETF on October 14. Technical analysis suggests that a breakdown below the $0.0801 support level could push the price toward $0.0745 and potentially $0.0673. To improve its market outlook, Dogecoin needs to reclaim the resistance zone between $0.0845 and $0.0904.