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DogeOS Public Testnet Launches as Dogecoin Holds Below Its 200-Day Moving Average

Dogecoin traded around $0.095 following the release of the DogeOS testnet, facing technical resistance just below key longer-term indicators.

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The DogeOS project has deployed its public testnet, introducing Ethereum-compatible applications such as trading, lending, and stablecoin functionality using test DOGE tokens. A release date for the main network has not yet been announced.

Following the deployment, Dogecoin was priced at $0.095029 at 12:00 GMT on October 1, according to Investing.com data. The token traded above its 20-day simple moving average of $0.094809 and 50-day average of $0.094596, while the daily Relative Strength Index stood at a neutral 51.480 and the MACD indicator remained constructive.

Despite positive short-term signals, the price remained capped below its 200-day simple moving average of $0.095584, which serves as immediate overhead resistance alongside the Classic R1 pivot at $0.095332. Immediate downside support is situated at the Fibonacci Camarilla S1 level of $0.094975, followed by the central pivot zone at $0.094422.

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