Dogecoin has dipped below $0.2 amid a broader crypto market correction, presenting a buying opportunity for investors.
Crypto analyst DecyX suggests waiting for Dogecoin to secure liquidity below $0.187 before accumulating, targeting an imbalance zone between $0.213 and $0.215 for potential growth.
Analyst Kevin Capital advises Dogecoin holders to monitor the coin's stability between $0.1901 and $0.1839 to avoid a potential drop to $0.17, emphasizing the correlation between Dogecoin and Bitcoin prices.
Trader Tardigrade predicts a potential double bottom formation for Dogecoin at the $0.18 level, with indications of a bullish reversal that could see the meme coin surpassing the $0.2 mark.