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Dogecoin's price, after hitting a high of $0.28, dropped by nearly 30% and now sits at $0.19. Traders are eyeing potential for a rally.
An analyst suggests that Dogecoin is at a favorable risk-reward entry point based on technical indicators, despite a recent price drop. The analysis interprets current market levels as a potential buy signal.
DOGE rally hits a pause at 20 cents, yet significant holder activity hints at a potential bullish trend.
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