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Dogecoin (DOGE) Faces Market Correction—Will Buyers Step Back In?

  • Dogecoin (DOGE) is facing a market correction and has started a fresh decline from the $0.2050 zone against the US Dollar.
  • DOGE price is currently trading above the $0.180 level and the 100-hourly simple moving average.
  • There was a break below a connecting bullish trend line with support at $0.1950 on the hourly chart of the DOGE/USD pair.
  • The price could gain bullish momentum if it clears the $0.1940 and $0.1980 resistance levels.

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