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Dogecoin Dips to $0.174 as RSI Nears Oversold – Will Bulls Defend This Key Level?

  • Dogecoin has experienced a price dip to $0.1745, falling by -3.99% in the last 24 hours.
  • Technical indicators suggest a potential reversal: RSI nearing oversold level and MACD showing a bearish crossover.
  • The liquidation heatmap shows short positions outweighing long positions, indicating bearish control.
  • Breaking below $0.174 could lead to a significant wave of liquidations and a drop towards $0.15.

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