Dogecoin Recovers: Potential Bounce Detected Near $0.16

Following a recent sell-off that led to a significant drop in price, Dogecoin (DOGE) has found crucial support at the $0.16 level. This area marks a key zone that hasn’t been tested since earlier this year, when a substantial market correction occurred. As the price approaches this mark, signs of stabilization are emerging, with early indicators suggesting a potential short-term rally.