DOGE Price News: Volume Spikes 75% Above Average as Traders Defend $0.26 Floor
Dogecoin (DOGE) experienced a significant rise of 5% amid global macro uncertainty, trading between $0.26 and $0.27. Trading volume surged to 720.64 million and 717.84 million during key periods—marking a 75% increase above the average of 408.52 million. Despite this bullish movement, DOGE encountered resistance at $0.27, while maintaining support at $0.26, even amidst profit-taking by traders. Throughout the trading session, DOGE fluctuated within a tight range, demonstrating strong resilience and interest from tactical traders in a volatile market influenced by geopolitical tensions. Key technical indicators suggest consolidation between the $0.26 and $0.27 range, with notable intraday activity showing accumulation near support levels. Traders are closely monitoring whether DOGE can maintain its position above $0.26 or if sellers will push it towards $0.25. A breakout above $0.27 could signal further upward momentum, while movement below $0.256 may prompt stop runs toward lower price levels.
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