Dogecoin (DOGE) has experienced a significant decline, losing over 25% of its value in three days, with approximately $29 million in liquidations reported. The broader crypto market is under pressure following Bitcoin's drop, leading to a wave of liquidations, particularly in bullish positions. Analysts are closely monitoring key support levels, with concerns that DOGE could fall below $0.20 if negative momentum continues, although some believe a recovery rally could occur if it maintains a weekly close above $0.26.