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Analysis: DOGE stabilizes at the key support level of 0.16 USD.
According to ChainCatcher news reported by CoinDesk, DOGE experienced a 5% intraday fall and found support around $0.163. After hitting a low of $0.161 during the day, it rebounded, with key period volume reaching 452 million coins, twice the 24-hour average. Analysts point out that the $0.162-$0.164 range has formed a short-term support base. If it maintains above the current level, it may welcome a stronger trend after market sentiment improves.