ThecryptocurrencymarketiswitnessinganotablecorrectionaheadoftheU.S.presidentialelectionof2024.AsBitcoinpriceplungedbelowthe$70,000mark,thealtcoinmarketisexperiencingrenewedsellingpressure.WhiletheDogecoinpricefollowsthesamemomentum,arenownedcryptoanalystidentifiedapossiblebottomformationformostmajoraltcoins.Currentlytradingat$0.15,theDOGEhoversatacrucialsupportzonetoregainitsbullishmomentumfora$0.2rally.