$DOGE has seen a 4.051% decline in the last 24 hours, trading between 0.17592 and 0.16569.
Currently, the price is hovering near the lower Bollinger Band at 0.16530, indicating potential support but also a risk of further downside.
Volatility appears to be contracting, suggesting a period of consolidation may be ahead.
A stop-loss could be strategically placed just below 0.16569 to manage risk.
Given the current setup, traders should consider setting alerts for a potential rebound or breakout above resistance at 0.17266.
