DOGE Price Tests $0.18 Support Level After Breakout Triggers Profit-Taking

Dogecoin (DOGE) is currently testing the crucial $0.18 support level following a significant intraday breakout. This upward movement earlier in the trading session prompted substantial profit-taking activity among traders. Market analysts are closely monitoring whether DOGE can maintain this price floor, as holding above $0.18 could indicate continued bullish momentum for the meme cryptocurrency. The recent volatility highlights DOGE's sensitivity to market movements and trader sentiment.