Dogecoin (DOGE) has fallen below the $0.15 mark, experiencing a significant decline due to increased selling pressure. The cryptocurrency's price dropped from $0.1578 to $0.1401, with trading volume surging to $2.52 billion, marking a 263% increase above the 24-hour simple moving average. The breakdown was noted at 07:00 UTC, with a notable price gap from $0.144 to $0.138 occurring between 07:33 and 07:36 UTC.
Technical analysis suggests a bearish trend for Dogecoin, with momentum indicators showing deep oversold conditions and no signs of reversal. Traders are closely watching support levels at $0.138 and $0.140, as well as any potential recovery attempts in the $0.144 gap zone.
Dogecoin Drops Below $0.15 Amid Bearish Market Pressure
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