Dogecoin -3.62%: Downward Pressure Amid Short Liquidations and Elevated Volatility

1. Short Liquidation Event: DOGE fell 3.62% in 24h, driven by over $719,000 in short liquidations and failed attempts to break the $0.20 resistance.

2. Trading Volume Uptick: 24h trading volume reached up to $795.92 million, a 7.28% increase, while market cap declined 3.52% to approximately $28.36 billion.

3. Key Technical Levels: Price dropped from $0.19603 to $0.18893, with support at $0.1874 and resistance at $0.1966; volatility remains high, with potential for further directional moves.