Will Dogecoin Recover After Breaking Below Critical Support? 📉
Dogecoin has experienced a significant drop, hitting $0.1336 on the 4-hour chart, approaching its lowest value since November 2024, when it stood at $0.1107. The recent price action indicates a surge in selling activity as Dogecoin approaches a key historical demand zone.
An analysis by KrissPax highlights a descending triangle pattern that has historically broken to the upside, suggesting potential recovery opportunities.
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