Dogecoin (DOGE) has broken below the crucial support level of $0.129 amid heightened selling pressure and increased trading volume. The cryptocurrency's price fell from $0.1309 to $0.1305, failing to maintain the support that previously stabilized its value. Intraday volatility reached 4%, with a brief recovery to $0.134 quickly met by renewed selling, establishing this as a new resistance level.
DOGE continues to trade below its recent moving averages, with $0.129 now identified as the next critical support level to monitor. The breakdown highlights ongoing market challenges for Dogecoin as it struggles to regain upward momentum.
Dogecoin Breaks Key Support, Drops Below $0.129
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