Dogecoin (DOGE) Price Analysis and Prediction: Has it Entered a Downtrend?

Can Dogecoin survive the ongoing supply glut and rebound from $0.35 to challenge key resistance levels?

With the cryptocurrency market experiencing a massive liquidation wave, Dogecoin is facing tremendous selling pressure, resulting in a significant price drop. In this scenario, the price of DOGE is at a critical moment that will determine its future trend.

As investors exit the meme coin space en masse, the likelihood of a Dogecoin reversal seems slim. Can the largest meme token withstand the bearish pressure, or will it inevitably drop to $0.30?

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