The Dogecoin price is facing renewed pressure as market watchers warn the meme coin may not be out of the woods yet. A crypto analyst warns that unless Dogecoin meets certain key conditions, its ongoing weakness could trigger another price crash, further extending its bearish trend. Dogecoin Price Could Extend DowntrendLike many meme coins, Dogecoin is experiencing a major downturn after failing to break key resistance levels. As a result, Dogecoin’s bearish structure, which has been in place for months, shows few signs of relief. Following that steep decline, Dogecoin price remained stuck in the descending channel, with its overall structure reflecting a bearish trend.