$DOGE After the Dive: Will Support HOLD OR FOLD? 🫢

#Dogecoin soared to $0.228 before a recent correction that saw prices plummet over 40%. Despite the drop🔻, #DOGE is still trading above the crucial support level of $0.112-$0.123.

This area previously prevented a steeper decline and could act as a springboard for a rebound.🌪️

However, if the price breaks below this support, it could signal further downward pressure📉. Technical indicators can be helpful, but market sentiment also plays a major role.

Is this a buying opportunity or a sign of a deeper trend❓ Only time will tell.