Dogecoin’s Price Trajectory: Key Support & Resistance Levels for a Potential Rally

Dogecoin (DOGE) is at a crucial crossroads, with traders eyeing key support and resistance levels that could dictate its next major price movement. Currently trading around $0.163 after experiencing a 16% drop following a failed attempt to surpass the $0.198 resistance zone, the coming days will be critical in determining DOGE’s trajectory. A key price point is the $0.160 support level, where if defended, could lead to a rebound towards $0.177 and $0.185. However, a breakdown below $0.160 might open the door for a deeper correction to the $0.150 support level.