Analysis: DOGE stabilizes at the key support level of $0.16

According to ChainCatcher news and reported by CoinDesk, DOGE (Dogecoin) found support around $0.163 after experiencing a 5% intraday fall. After hitting a low of $0.161 during the day, it rebounded, with a key trading volume of 452 million coins, double the 24-hour average. Analysts point out that a short-term support base has formed in the $0.162-$0.164 range. If it maintains above the current level, it may迎来 a stronger trend after market sentiment improves.

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