Dogecoin (DOGE) adds another zero 😬🥱

The market has recently seen Dogecoin dropping below the important $0.10 level, which raised concerns among its holders about whether it will be able to recover. The decline in DOGE's value was accompanied by low trading volumes, suggesting that investors now lack buying interest, which makes a bounce back seem unlikely. Besides, a potential death cross between the 200-day and 50-day EMAs may signal an even more severe correction ahead. The inability to hold above the $0.10 price mark and the lack of support from the larger market environment are worrying signs for those favoring the dog-themed coin. In general, Dogecoin's technical indicators point to continued bearish momentum, unless there is a renewed surge in interest or an endorsement from renowned crypto influencers.