Dogecoin dips 5% this week as bearish positioning puts $0.088 support in focus

Dogecoin extended losses Wednesday, trading near $0.090, down 5% this week. CoinGlass's long-to-short ratio fell to 0.68, the lowest in over a month, while CryptoQuant flagged overheated conditions. Immediate support sits at $0.088, followed by $0.086 and $0.085; reclaiming $0.093 would ease bearish pressure.