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Dogecoin Hits 4-Month Low, Key Support at Risk Amid Market Pressure

  • Dogecoin closed below $0.198, its lowest since November 2024, signaling strong bearish momentum.
  • The cryptocurrency is testing a critical support level at $0.190, and further declines are expected if this level fails to hold.
  • Key support levels at $0.175 and $0.144 may be tested if buyers remain weak.
  • While some analysts remain hopeful for a potential reversal, historical trends and market sentiment suggest potential volatility and challenges ahead for Dogecoin.

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