Dogecoin Near Key Support as Bullish Momentum Wanes

Dogecoin (DOGE) is currently trading around $0.2176, experiencing a slight dip of 0.82% over the past 24 hours. The coin started this week at a price of $0.2405 and has lost 8.96% since then. Its intraday highs reached $0.2372 while lows dipped to $0.2169, with a market capitalization of approximately $32.66 billion. Trading volume increased by 109.59%, reaching $2.78 billion in the past 24 hours, indicating active market activity. Despite this strong trading volume, technical indicators show a bearish trend, driven by recent price decline.