DOGE Prices Plummet Below Key Resistance Zone

Dogecoin (DOGE) prices continue to slide after dropping 5% in the previous session, trading below $0.070.

The decline is attributed to a risk-off sentiment driven by geopolitical tensions, which has reduced demand for speculative assets like meme coins.

Despite this, retail traders remain active, with futures trading volume surging 76% to around $1.38 billion.

However, the increase in trading activity alongside falling prices points to heightened volatility rather than renewed bullish conviction.

The Relative Strength Index (RSI) is hovering near 31, indicating strong selling pressure and nearing levels where buyers may begin looking for value.