- Dogecoin fell below a hotly contested region once more after recent market-wide losses.
- The liquidation heatmap highlighted two important levels that could decide the next longer-term trend.
Dogecoin [DOGE] was down by 9.7% in the 24 hours preceding press time, but its trading volume was up nearly 89%. This huge influx can be largely attributed to the selling that occurred the previous day.
With Bitcoin [BTC] once again struggling to reclaim $100k, Dogecoin’s short-term outlook is precarious. The $0.336 and $0.375 levels will be key over the next few days.
Dogecoin bulls unable to defend $0.37 zone
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