Dogecoin Struggles While BingX Heats Up the Market with Major Crypto Carnival

Dogecoin is under pressure after dropping below $0.250 and breaking key support levels around $0.240 and $0.2320. A recent peak at $0.2430 was followed by a sharp decline, with the price now hovering near $0.2250. The break below the ascending channel at $0.2295 signals bearish control, while bulls are trying to hold support at $0.2165. If DOGE fails to reclaim $0.2320, further losses toward $0.2050 are possible. Momentum indicators like MACD and RSI also point to continued weakness#Binance

Meanwhile, #bingx is turning up the heat with its Major Crypto Carnival, running from August 14–30, offering over 500,000 USDT in rewards. Users can earn through trading challenges, referrals, and giveaways. In the Referral Bonanza, both inviters and invitees earn USDT in SOL and ETH, plus a shot at a 1 BTC grand prize. Traders can complete daily challenges for a share of 250,000 USDT, and new users can join a PnL Ranking Contest for 50,000 USDT in BTC. There’s also a 10,000 USDT trial fund giveaway for all participants. Whether you’re trading DOGE or exploring new opportunities,while rewarding community engagement like never before.