DOGE is feeling the heat as it faces a sharp 7% decline, dropping from $0.24 to around $0.22. This dip comes amid intensified selling volume, suggesting aggressive distribution by larger holders and institutional investors. The dynamic creates a critical moment for DOGE traders and long-term holders.

The heavy sell-off indicates a possible trend reversal, prompting traders to reassess their positions. Investors should monitor DOGE carefully as the support at $0.22 is tested.