Dogecoin Tumbles Below Critical Support—Meme Coin Loses Its Bark
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Dogecoin’s price action just flashed red—the so-called ’people’s crypto’ cracked a key support level, triggering bearish momentum. Here’s what’s unfolding:
Technical Breakdown: DOGE sliced through its 200-day moving average like a hot knife through butter. Traders who bet on meme magic are now sweating their bags.
Market Reaction: Volume spiked 40% on the downside—proof that even dog-themed assets aren’t immune to gravity (or common sense).
Silver Lining? Some degenerate traders are already calling this a ’buy the dip’ moment. Because nothing says ’sound investment’ like doubling down on a joke that outlived its punchline.
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