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Dogecoin (DOGE) Price: Weekly Support at $0.18 Faces Test After 14% Decline

  • Dogecoin is trading around $0.19, having fallen nearly 14% in the previous week.
  • DOGE closed below its 200-day EMA at $0.21, indicating bearish momentum.
  • Critical support zone exists between $0.187-$0.19; breaking below could trigger further decline.
  • RSI reading of 39 and bearish MACD crossover signal potential continued downward pressure. Bulls need to reclaim $0.195 and push toward $0.215 to restore bullish momentum.

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