DOGE Price News: Dogecoin Builds Higher Lows While Resistance Holds
Dogecoin has shown a controlled rise within a narrow trading range as buyers defend the $0.213–$0.214 area and sellers resist around $0.220–$0.221. The trading session lacked specific catalysts, primarily characterized by order-flow dynamics at key support and resistance levels. Traders are keenly watching for a decisive close above $0.221 on increased volume to signal a shift from range-bound trading to a bearish continuation. The price fluctuated within a $0.008–$0.010 range, stalling beneath the $0.220 resistance, with recent attempts at rebounds exhibiting midday buying, leading to a V-style rebound. The closing hour revealed fading momentum, indicating potential challenges ahead. Support is established at $0.213–$0.214, with immediate resistance remaining at $0.220–$0.221 and higher levels noted at $0.224–$0.226. Currently, the RSI suggests a neutral-to-bullish bias, and traders watch for signs of a breakout, particularly the quality of volume during any upward movement.
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