📉 📊 Dogecoin: Can $DOGE Hold THIS Support as Bulls Lose $0.37?

📉 DOGE Struggles Below Key Support
Dogecoin dropped 9.7% in the past 24 hours, while trading volume surged by 89% due to intense selling pressure. With Bitcoin (BTC) struggling below $100k, DOGE's short-term outlook remains fragile. The $0.336 and $0.375 levels are now critical for the bulls.

📊 Key Support Levels Under Threat
In mid-November, the $0.35-$0.38 range acted as a solid support zone but collapsed in December, sending DOGE to a low of $0.262. Despite a bullish start in January and a brief recovery to $0.398, DOGE fell back below $0.36 in the last 24 hours. The next short-term support now sits at $0.336.

📉 Momentum Indicators Show Weakness
The Awesome Oscillator (AO) signals weakening bullish momentum, while the DMI indicator shows the -DI (red) crossing above the +DI (green)—a bearish signal. These signs suggest caution for bulls.

🔍 Liquidity Zones Could Determine Next Move
The $0.42 area remains a strong liquidity zone, while $0.3 acts as a critical lower support. Further weakness in Bitcoin could drag DOGE toward the $0.3 liquidity pool.

🚀 Bullish on Higher Timeframes
Despite the short-term bearish signals, DOGE’s daily market structure remains bullish. However, reclaiming the $0.37 region is essential for any meaningful recovery.