Dogecoin Price Under Pressure: Bears Target $0.14 as Volume Plummets

Dogecoin is currently trading below the $0.24 level, facing pressure from bears who are eyeing a potential drop to the crucial $0.14 area. Low trading volume suggests a lack of market interest and a cap on any upward movement for DOGE. The current trend indicates a consolidation phase with higher lows forming since January, but this momentum has weakened as the price fails to hold above key resistance levels like $0.17.