DOGE Price News: Dogecoin plunge below $0.13 is drawing institutional attention
CoinDesk
Dogecoin's price dropped below $0.13 due to increased selling pressure and thinner liquidity, prompting traders to reassess risk.Summary
Dogecoin experienced a sharp selloff, losing 5.5% and breaking critical technical levels, signaling a shift in short-term market structure. The decline was driven by increased selling pressure amid weaker risk sentiment and thinner liquidity, with volume surging significantly. The price is now dependent on holding above the $0.1290–$0.1280 zone, with $0.1300 as immediate resistance. Traders are closely watching volume behavior and potential support levels as DOGE navigates a fragile stabilization phase.
(Source：CoinDesk)