Dogecoin Tests $0.18 Resistance Following 31% Monthly Drop

Dogecoin encountered selling pressure at the $0.18 level after declining 31% over the past month, according to CoinMarketCap. The memecoin fell 2.67% in 24 hours, with Open Interest dropping 3.66% during the same period. Technical indicators point to continued bearish momentum as traders maintain a short-term negative sentiment.