Golden cross fails to lift DOGE as sellers overwhelm rally

Dogecoin’s price dropped 6% from 0.24 USD to 0.23 USD amid selling pressure. Whale wallets increased holdings, showing strong accumulation, but technical damage signals caution for traders.

The golden cross formation failed to generate thrust as DOGE faced rejection at 0.24 USD. The crucial 0.23 USD support level is at risk, raising concerns for potential further declines.

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