Dogecoin -3.45%: Price drops amid declining demand and bearish meme coin sentiment

1. Bearish momentum: DOGE fell 3.45% to $0.18868 as demand hit a yearly low and meme coin market weakness intensified.

2. High liquidity persists: 24-hour trading volume reached $785.71 million, with market cap at $28.38 billion, reflecting continued active participation.

3. Key support test: Price is near the $0.18 support level; RSI at 58 and rising futures open interest indicate pivotal trading ahead.