DOGE Price Consolidates Near Support: Critical $0.194 Level Could Trigger Breakdown or Short-Covering Rally

DOGE is currently consolidating near its recent lows, presenting a critical juncture for traders. The key level to watch is $0.194, as a breakdown below this support could signal further bearish momentum. Conversely, a hold above this level might spark a short-covering rally, offering potential bullish opportunities. Market participants are closely monitoring these price dynamics for the next significant move in Dogecoin.