The price of Dogecoin (DOGE) has broken through a short-term support level, with the market now eyeing a lower demand zone. According to reports, trading volume for the meme coin surged to 721 million tokens. This increase in volume suggests that the price movement is due to active repositioning by traders rather than thin trading conditions. The development indicates a shift in market sentiment for Dogecoin as it seeks to establish a new base.

The price of Dogecoin (DOGE) has broken through a short-term support level, with the market now eyeing a lower demand zone. According to reports, trading volume for the meme coin surged to 721 million tokens. This increase in volume suggests that the price movement is due to active repositioning by traders rather than thin trading conditions. The development indicates a shift in market sentiment for Dogecoin as it seeks to establish a new base.