DOGE Token Slides 5.85% as Market Sentiment Shifts After 7-Day Rally, Trading Activity Remains High
Dogecoin (DOGEUSDT) has declined by 5.85% in the past 24 hours, with the price currently at 0.13952 on Binance, opening at 0.14819. This price drop is attributed to a mix of shifting market sentiment, as reflected in recent social media and analyst reports citing increased bearish pressure, profit-taking following a strong 7-day rally, and technical resistance near the $0.15-$0.156 levels. High futures trading volume, active spot trading, and institutional inflows indicate strong market engagement despite the short-term correction. Overall, Dogecoin remains actively traded with robust market capitalization and significant investor interest.