DOGE Tests 22-Cent Support as $782M Volume Unleashes Stop-Loss Cascade

Dogecoin (DOGE) is currently testing the critical support level of 22 cents, as an impressive trading volume of $782 million results in a significant wave of stop-loss orders being triggered across the market. The increased market activity has created a volatile environment, prompting many traders to reassess their positions in light of the sharp price movements. As a result, we are witnessing a cascading effect where stop-loss orders are activated, further influencing the market dynamics and testing the resilience of the 22-cent support level for DOGE. source: https://www.coindesk.com/markets/2025/08/19/doge-tests-22-cent-support-as-usd782m-volume-unleashes-stop-loss-cascade