4 hours ago
Broader crypto sentiment remained fragile amid risk-off flows, though DOGE showed resilience with accordant liquidity inflows.
News Background
Dogecoin (DOGE) consolidated successful a choky set during the 24-hour model from September 23 astatine 03:00 to September 24 astatine 02:00, trading betwixt $0.236 and $0.244. Early rallies astatine 06:00 and 16:00 tested the $0.244 mark, but repeated profit-taking capped upside momentum.
Price Action Summary
• DOGE fluctuated successful a $0.008 range, adjacent to 3.28% of its trading spectrum.
• Early league highs tested $0.244 but met with sustained selling pressure.
• Final league hr (01:11–02:10) saw DOGE beforehand from $0.239 to $0.241 earlier consolidating astatine $0.240.
• Net league summation of 1.37% from $0.237 unfastened to $0.240 adjacent underscores antiaircraft bid contempt volatility.
Technical Analysis
• Support: Strong basal formed astatine $0.236–$0.240 portion with buyers stepping successful connected dips.
• Resistance: $0.241–$0.244 remains steadfast ceiling aft aggregate rejections.
• Volume: Over 500M DOGE transacted during aboriginal rallies; closing hr spike supra 7M highlighted bullish defense.
• Pattern: Narrow consolidation suggests imaginable coiling for breakout, though absorption astatine $0.244 indispensable wide for continuation.
What Traders Are Watching
• Break supra $0.244 absorption to validate bullish continuation.
• Retest of $0.236–$0.240 enactment set for signs of accumulation versus exhaustion.
• Volume sustainability — whether closing-hour spikes repetition successful upcoming sessions.
• Broader memecoin sentiment arsenic regulatory developments measurement connected speculative assets.
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