Dogecoin (#DOGE ) encountered strong resistance at $0.285, a price level that was proven difficult to break through as early as February this year. In recent days, Bitcoin (BTC) has shown little volatility, hovering between $116,700 and $122,000, with a slight decline over the past 24 hours, breaking below the lower end of that range.

Even with Bitcoin appearing slightly weak, Dogecoin has not managed to make a strong rebound. The critical support at $0.25 that the bulls wanted to hold was easily broken by the market. Now, the next focus for DOGE is $0.196, which may become a new support level.

For newcomers in the crypto space, DOGE faces pressure in the short term, so investment should be cautious. Avoid blindly chasing highs, pay attention to changes in support levels, and ensure proper risk control!