Dogecoin Holds 16 Cent Support as Bulls Defend Multi-Week Floor
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币界网报道：Dogecoin (DOGE) rebounded from an intraday low of $0.161 to close near $0.163 amid broader market volatility, showing resilience with elevated trading volumes suggesting accumulation. Despite a 5% drop driven by macroeconomic concerns, buyers defended the $0.162 level, with volume spiking to 452M—double the 24-hour average—indicating potential support. Technical analysts note DOGE consolidating near previous weeks' levels, with a V-shaped recovery from $0.163 to $0.164 and volume peaking at 7.3M DOGE during the rebound. Holding above $0.160 could signal strength if market sentiment improves.
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