Dogecoin (DOGE) is showing early signs of recovery after experiencing a decline of nearly 6% in a 24-hour period, dropping to a low of $0.158. Significant buying interest emerged at this key support level, which helped the cryptocurrency stabilize and close at $0.161, representing a late-session gain of 1.47%. Analysts are divided on the strength of this recovery, particularly given the broader market volatility influenced by geopolitical tensions and economic uncertainties. DOGE's price fluctuated between $0.167 and $0.158, with heavy trading activity recorded during the downturn. The late-session accumulation suggested that some traders see this dip as an opportunity. As the cryptocurrency market continues to navigate these turbulent conditions, the focus remains on the volume-backed support at $0.161 and the potential for further recovery.

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