As selling pressure continues to mount, Dogecoin approaches its long-term support level—here are the details
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According to CoinWorld, Dogecoin (DOGE) has dropped sharply to around $0.1012, with a 24-hour decline of 13.13%, falling back to the historically significant demand zone near $0.11. Short-term traders are closely watching whether buyers can hold this price level. If the support proves effective, potential target prices are $0.14, $0.18, and $0.22. However, the weekly chart shows that Dogecoin is testing the key 1-week 350 moving average support level; if it breaks below this support, it could lead to a prolonged consolidation phase, with prices possibly fluctuating between $0.0600 and $0.0350.
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