Dogecoin (DOGE) showed resilience by bouncing back 4.7% from an intraday low of $0.164, closing near $0.171, despite broader market turbulence due to geopolitical tensions between Israel and Iran. Technical indicators reveal that DOGE is nearing oversold territory, while social sentiment remains positive with an 86% favorable tone from over 16,000 mentions on LunarCrush. Despite persistent macroeconomic challenges, including the U.S. Federal Reserve's restrictive monetary policy, DOGE's liquidity remains high, with a daily turnover of $1.37 billion and a market cap above $24.7 billion. The technical outlook indicates support at $0.164 and resistance around $0.172. If DOGE breaches $0.1750, the next significant resistance could be at $0.1820; otherwise, a decline to $0.1640 or lower may occur in a risk-off environment. Additionally, adoption in DeFi platforms, especially on Coinbase’s Base network, is crucial for DOGE's near-term outlook.

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