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Will Dogecoin (DOGE) Struggle to Recover After a Steep 8% Drop?

  • Dogecoin (DOGE) has dropped 8% to $0.1981 with $12.60 million in liquidations.
  • Bitcoin and Ethereum faced a decline, while DOGE lost over 8% in the last 24 hours.
  • DOGE's trading pattern shows a mix of bullish and bearish signals, with potential support at $0.1890 and resistance at $0.2586.
  • Technical indicators suggest a strong bearish sentiment, but DOGE's trading volume has surged by 41.21%.

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