🚨Dogecoin has dropped again! The recent market has been full of twists and turns, and DOGE/USD has completely fallen below the $0.220 mark, even losing the $0.2150 level and the 100-hour moving average. It's currently hovering around $0.206, and it seems to be 'searching for the bottom'.🐶💔
On the chart, #DOGE has shown a clear downward trend line, with resistance around the $0.2160 mark. If it cannot rise above this level, the bears may continue to take control. For an upward reversal, the bulls need to first break through $0.2280 and then challenge $0.2365 (50% retracement level). If it can truly break through $0.2365, the next targets might be $0.2450 or even above $0.250 ✨.
But the reality is that short-term risks still exist. The key support levels below are at $0.2060 and $0.2020, with the real 'test' at the $0.20 mark. If it cannot hold this level, Dogecoin could drop directly to $0.1880 or even $0.1820 ⚠️.
To summarize: 📉 Currently, DOGE is indeed under pressure, and the bearish sentiment is strong, but don't forget that $0.20 is a major support level, and the bulls may try to make a stand here. If it can hold, the next wave of rebound might come! Do you think Dogecoin will hold $0.20? Or will it continue to search for the bottom?🐕💭 #DOGE #加密货币