$DOGE After the Dive: Will Support HOLD OR FOLD? đ«ą
#Dogecoin soared to $0.228 before a recent correction that saw prices plummet over 40%. Despite the dropđ», #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.đȘïž
However, if the price breaks below this support, it could signal further downward pressuređ. Technical indicators can be helpful, but market sentiment also plays a major role.
Is this a buying opportunity or a sign of a deeper trendâ Only time will tell.