Dogecoin Price Struggles at $0.15 Amid Volatile Market Conditions

Dogecoin's price is hovering around a critical support level of $0.15, which could dictate its future movement.
The cryptocurrency has experienced a nearly 9% decline over the past week.
Price fluctuations have been observed between $0.1533 and $0.1625 in the last 24 hours, with a recent dip to $0.1578.
Technical analysis highlights that Dogecoin is trying to maintain above the Fibonacci 0 level at $0.15178.
RSI is at 39, indicating a bearish trend but with potential for either further decline or recovery.
Breaking below $0.1720 has increased market weakness, focusing attention on the $0.1650–$0.1600 range as key areas.
Whales have accumulated over $8 million in DOGE recently, showing signs of accumulation despite overall market downtrend.
Money Flow indicators show slight improvements, yet net spot outflows are still negative, reflecting cautious market sentiment.
A significant support cluster exists at $0.08, indicating strong demand if prices fall significantly.
Future prospects depend on maintaining the $0.15 support; a rebound could target levels like $0.1654 and $0.1738, while a drop below might lead to targets around $0.095 and $0.059.