5 hours ago
What to know:
- DOGE rallied 5.05% betwixt July 13 06:00 and July 14 05:00, rising from $0.200 to $0.210 with a full trading scope of $0.01 (6% volatility).
- The breakout supra $0.200 absorption was confirmed by back-to-back measurement spikes of 615.53M and 581.80M during the 03:00–04:00 session.
- Institutional accumulation was disposable arsenic measurement exceeded the 24H mean (268.45M) passim precocious trading.
- Futures measurement reached $1.50B, driven by aggregate +$1M transactions crossed large derivatives venues.
News Background
DOGE’s breakout coincided with a broader crypto uptrend led by easing Fed complaint expectations and a thaw successful BRICS–U.S. commercialized tensions.
Derivatives marketplace enactment surged, with DOGE futures unfastened involvement and measurement reaching their highest levels this month. Whale-led flows dominated on-chain metrics, portion traders took purpose astatine $0.213–$0.215 arsenic the adjacent absorption cluster.
Bitcoin’s caller all-time precocious of $118,000 provided risk-on momentum crossed meme and altcoin sectors.
Price Action Summary
- Range: $0.01 | Low: $0.200 → High: $0.210
- Breakout Time: 03:00–04:00, highest measurement astatine 615.53M
- Support: $0.200 (22:00 session, measurement 296.12M)
- Resistance: $0.208–$0.210 into league close
- Final Hour (04:05–05:04): DOGE climbed from $0.200 → $0.210 (+1%)
- Key Spike: 04:47 breakout, measurement 26.32M confirmed last assistance supra $0.21
Technical Analysis
- DOGE broke done cardinal absorption astatine $0.200 with triple-digit cardinal volume
- High-conviction buyers defended $0.200 done retracement attempts
- Late-session determination showed sustained request — nary crisp sellback into close
- Overall trend: rising volume, higher lows, momentum into adjacent = bullish continuation setup
- Next absorption zones: $0.213 (prior rejection point), past $0.218–$0.220
What Traders Are Watching
- Does DOGE clasp supra $0.208–$0.210? Consolidation present whitethorn awesome base-building for a propulsion to $0.215+
- Breakdown beneath $0.198 invalidates bullish structure
- Watch futures OI and whale wallets for confirmation of inclination hold oregon exit flows
Takeaway
DOGE’s late-session breakout was clean, real, and institutional. With measurement crossing 615M and futures enactment spiking, meme coin flows are nary longer retail-led. $0.200 is the caller basal — and bulls are present watching for a $0.213 breakout.
As macro tailwinds align with whale accumulation, DOGE whitethorn beryllium mounting up for its adjacent limb — with volatility and liquidity to match.
(Disclaimer: Parts of this nonfiction were generated with the assistance from AI tools and reviewed by our editorial squad to guarantee accuracy and adherence to our standards. For much information, spot CoinDesk's afloat AI Policy.)
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