DOGE Price Analysis: Dogecoin Finds Support After Tariff-Led Selloff

Dogecoin (DOGE) stabilized on Friday, recovering from an early dip to $0.176 to trade within a tight $0.18–$0.19 range, following a session marked by a 7% swing. This volatility was driven by renewed macroeconomic jitters, specifically the Trump administration's declaration of 100% tariffs on Chinese imports, which caused broader risk assets to fall. Large holders reportedly liquidated 360 million DOGE, totaling $74 million, during the initial selloff, which saw trading volumes peak at 1.4 billion. Analysts observed that strong support was established near the $0.18 level as buyers absorbed the supply, suggesting accumulation rather than capitulation. Technically, $0.175–$0.180 remains a critical accumulation zone, while resistance sits at $0.188–$0.190. Traders are now watching for confirmation of $0.18 as a short-term base ahead of the weekend and potential catalysts next week, including Fed commentary and ETF optimism.

(Source：CoinDesk)