Elon Musk's dispute with President Trump caused a 7% drop in the price of #Dogecoin in the last 24 hours, but the risks of liquidation at US$0.06 persist. DOGE has confirmed a bearish flag pattern on the weekly chart after dropping below the lower boundary of the flag at US$0.20.

A high-volume move below the 200 MME support could accelerate a sell-off towards the technical target of the current chart pattern at US$0.06, or a drop of 66% from the current level.