DOGE price suffers as Elon Musk attempts to walk away from $44B Twitter deal.
Dogecoin dropped by 19.5% after Musk called off the Twitter deal on July 8. In doing so, DOGE also invalidated its prevailing"inverse head and shoulders " pattern that could have pushed its price per token toward $0.112, as shown below.Dogecoin now holds above a multi-month"mid-channel support" near $0.06 while remaining indecisive for now, as shown in the chart below.DOGE's price eyes $0.09 as the next target if it rallies decisively from the mid-channel support.
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