Dogecoin Finds Support Around 16 Cents After 6% Drop
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币界网报道：Dogecoin (DOGE) shows signs of recovery after a 5.7% drop to $0.158, with buyers stepping in to establish short-term support at $0.161. The memecoin faced heavy selling pressure amid broader market volatility, but late-session accumulation of 229M DOGE helped it rebound to $0.161 by close. Trading volume surged to 4.7M during a breakout above $0.161, confirming renewed buying interest. Analysts remain divided on the sustainability of the recovery, though technical indicators suggest potential for further upside if support holds. The asset remains sensitive to market sentiment as geopolitical and economic uncertainties persist.
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