Dogecoin (DOGE) has held strong at the $0.20 mark during the recent crypto market crash, suggesting a potential comeback. Meme coins like Shiba Inu and Pepe have also seen a recovery, indicating support for meme coins at lower levels. Dogecoin's liquidations have surged to $10.01 million in the past 24 hours, with a rising funding rate and a higher number of bearish positions. However, traders on major exchanges remain optimistic. Dogecoin's open interest has declined by 67% in the last three months. The price trend is struggling to maintain dominance above $0.20, but a potential double-bottom breakout rally could occur, challenging the 50-EMA line at $0.2294. Crucial support remains at the $0.1953 level, and a close below could push Dogecoin towards $0.15.



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