币界网报道：Dogecoin (DOGE) is currently testing a crucial support level at $0.16, which has historically acted as a strong foundation for price rebounds. Analysts note that this level has repeatedly prevented further declines since early 2023, making it a key psychological and technical threshold for the meme coin. Despite recent market volatility, DOGE has shown resilience, with trading volumes remaining steady. Market watchers suggest that maintaining this support could pave the way for a potential rally toward $0.20, while a breakdown might see prices testing lower supports around $0.12. The broader crypto market sentiment, particularly Bitcoin's performance, is expected to influence DOGE's near-term trajectory. Traders are closely monitoring whale activity and exchange flows for signs of accumulation or distribution.