<ul><li>Dogecoin's open interest has been declining, signaling lower investor interest and potential price pressure.</li><li>Analysts warn that DOGE must maintain support at $0.16 to avoid a potential drop to $0.06 or a rally to $0.57.</li><li>Market data suggests that if the current trend continues, Dogecoin may continue to decline.</li><li>The decline in open interest indicates decreasing trader participation, which could lead to further price decreases.</li></ul>

Dogecoin at a Crossroads: Breakdown or Breakout?

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