🚀DOGE ( $DOGE )

$DOGE is currently trading between 0.149 and 0.150 dollars, slightly retreating from yesterday's high of 0.155 dollars. The 24-hour trading range is between 0.1488 and 0.1552 dollars, indicating that it is in a consolidation phase.

📉 What happened to $DOGE?

The technical chart shows that $DOGE has formed a triangle/channel pattern, indicating that a breakout may occur if the market finds a clear direction.

Key support level: $0.148-$0.149. Holding this support level may provide an opportunity for bulls; breaking below this support level may push $DOGE towards $0.13-$0.12.
Recently, the slowdown in ETF-related trading and the decrease in institutional buying pressure have caused $DOGE's performance to lag behind that of other major cryptocurrencies.
As a meme coin, $DOGE is very sensitive to community sentiment and news—therefore, these fluctuations are to be expected.
🎯Looking to the Future:

Market Scenario: If $DOGE holds the support level and creates higher lows, a slight rebound may occur, especially in the context of a broader recovery in the cryptocurrency market.

Downside risk: A break below the support level may trigger a larger decline, and negative sentiment or market news could exacerbate this drop.