Dogecoin [DOGE] is approaching the critical support level of $0.1184, which has been tested four times since March 19.

This minor price drop comes after a minor price increase over the past seven days. Lately, DOGE has not seen any significant volatility.  

The price has been consolidating around the support zone since June 19.  

As of writing, DOGE is priced at $0.1184, up 1.25% in the past 24 hours and 3.38% in the past seven days, with a market cap of $17.4 billion.

However, the trading volume has surged significantly by 25.71%, with $497.7 million worth of DOGE changing hands in the past 24 hours.  

The short-term drop and long-term rise in price suggest that DOGE is undergoing a short-term correction to a critical support level. #Goge #doge⚡ #狗狗币崛起 #德国政府转移比特币 #MiCA