Dogecoin has fallen more than 25% over the past month and has dropped to around $0.083 after breaking below key support levels as traders continue reducing exposure across derivatives markets.

According to CoinGecko price data, Dogecoin traded near $0.083 on June 5 after losing 4.48% over the previous 24 hours.

The meme coin moved between an intraday high of $0.091 and a low near $0.083, leaving price action near the bottom of its daily range.

Weekly losses have reached 12.98%, while the token is down 54.78% over the past year.

The meme coin moved between an intraday high of $0.091 and a low of $0.086, leaving it near the bottom of its daily range.

Weekly losses have reached 12.98%, while the token is down 54.78% over the past year.

Pressure…