Why Dogecoin’s drop below $0.13 is drawing institutional attention

coindesk
coindesk|2025年12月16日 03:54
DOGE's short-term direction depends on holding above the $0.1290–$0.1280 zone, with $0.1300 as immediate resistance. What to know : Dogecoin experienced a sharp selloff, losing 5.5% and breaking critical technical levels, which signals 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 267% above average. DOGE's short-term direction depends on holding above the $0.1290–$0.1280 zone, with $0.1300 as immediate resistance.
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