DOGE Tumbles 16.3% as Bulls Guard Critical $0.12 Support Zone
Dogecoin’s price action paints a stark picture for traders as the meme coin collapsed 16.32% over the past month, with the weekly candle closing at $0.1256 after testing monthly lows near $0.12. The move wiped out nearly half of the year’s remaining value, leaving DOGE down 61.2% from January levels. Despite the Coinbase futures announcement attempting to inject institutional credibility into the market structure, sellers overwhelmed any positive sentiment, pushing price through multiple support levels. The main question for traders is: can bulls hold the line at current levels, or will the psychological $0.10 mark come into play?