🚀 DOGECOIN DROPS 7%, "RISK-OFF" SENTIMENT CLOUDS THE MARKET

🟢 Dogecoin dropped sharply by 7.5%, falling from $0.176 to the support level of $0.164, due to geopolitical tensions and tightening monetary policy.

🟢 The Israel-Iran conflict along with expectations that the Fed will keep interest rates high has led to a decrease in demand in the crypto market.

🟢 DOGE trading volume has plummeted, but buying pressure has emerged around $0.164, helping the price recover slightly to $0.171.

🟢 Technical analysis shows a descending triangle pattern forming, with support around $0.1705.

🟢 The strongest sell-off occurred from 3 PM to 4 PM, with nearly 700 million DOGE traded in one hour.

➡️ The market is waiting for clearer signals before the next breakout.