$DOGE Black Monday Massacre: Dogecoin Falls Below $0.15, Is a Religious Collapse Imminent?

Dogecoin (DOGE) bled out on Monday, plummeting 19.7% within 24 hours, with the price dropping to $0.1354 and a market cap evaporating by $3.73 billion to $19.78 billion. The global market turmoil triggered by Trump's tariffs hit like a beast, with Bitcoin testing the $75,000 support, Ethereum crashing to $1,469, and XRP retesting $1.70, causing the entire crypto circle's market cap to shrink by 12.5% to $2.46 trillion. CNBC's Jim Cramer was shocked, stating that if Trump doesn't relent, a 22% crash reminiscent of the 1987 'Black Monday' could be repeated. This isn't very similar; it's a struggle for survival. Are you still willing to hold on?

Technical Breakdown: Is $0.10 an Area for Shorts?

The technical chart for Dogecoin is grim: after breaking below the $0.15 support, the 50-day EMA has crossed below the 200-day EMA, forming a death cross, the MACD sell signal is jarring, and the RSI is approaching oversold without any signs of recovery, as bearish sentiment looms large. If it cannot reclaim $0.15, the abyss at $0.10 is just around the corner, causing investors' hearts to stop. Cramer warns: 'Monday will reveal all!' Trump imposed a 10% tariff on April 2, with China retaliating, causing global markets to topple like dominoes.

A Glimmer of Hope in Adversity: Is a Descending Wedge Concealing a Rebound?

Urgently, the daily chart reveals a glimmer of life: a descending wedge is quietly forming, with the RSI indicating that selling pressure may be running into trouble. If the global market cools due to tariffs, Dogecoin might make a desperate comeback from the $0.12 support. The brave warriors buying low hold their breath in anticipation. What comes next? Stay tuned and watch the live stream on the homepage, hoping that Black Monday is either the wild dash for Dogecoin's end or the prelude to a rebirth from the ashes?