$DOGE Faces a Massive 19% Drop – A Rapid Decline in Value
$DOGE has plunged 19.03%, trading at $0.32003 after touching a 24-hour low of $0.30579. The sharp decline, accompanied by high trading volumes, reflects significant selling pressure. Resistance at $0.34785 remains intact, making it a key level for any recovery efforts.
Key Levels to Monitor:
A bounce from $0.30579 support could initiate a short-term reversal.
A breakdown below this level might push the price further down toward $0.30 or lower.
Recovery could aim for $0.34 if buying momentum returns.
Given the volatility, traders should employ tight stop-losses and carefully plan their targets to manage risks effectively.
