What to know
Doge quoted in a narrow range of $ 0.010 between $ 0.234 and $ 0.244 during the 24 -hour session from July 27 to 03:00 and July 28 at 02:00, marking an intradic differential of 4.12%.
The Token opened at $ 0.238 and closed marginally higher than $ 0.239 after trying the support and resistance areas several times during the day.
The key volume increases at 08:00, 15:00 and 16:00 indicated a persistent purchase pressure, but the vendors defended the resistance band of $ 0.241– $ 0.244. Doge remains in consolidation with an impulse of construction under the upper limit.
News history
• Doge quoted in a range of $ 0.010 with notable reversions at $ 0.235 and rejections about $ 0.244
• The volume increased well above the average of 24 hours of 291.8m, reaching its maximum point to 718.4m during the attempted breakdown of 16:00
• Last hour sales solution from $ 0.240 to $ 0.238 Confirmed Emerging Resistance and a short -term bassist reversal
• Despite the late pressure, the support level of $ 0.238 remained in multiple reestimations, which suggests accumulation at lower levels
Summary of the price action
Dege printed a modest gain of 0.42% in the day, recovering slightly from the above decreases but not establishing a higher maximum.
The support zone of $ 0.235– $ 0.238 was successfully tested three times, forming the lower end of the consolidation band.
Bulls tried to explode during the 16:00 rally, but were rejected to $ 0.241, letting the price be resolved just below the resistance. The final hour’s trade saw a 0.83% setback in a high volume, closing at $ 0.239.
Technical analysis
• Negotiation range of $ 0.010 (4.12%) from $ 0.234 to $ 0.244
• Main support confirmed at $ 0.235 and $ 0.238 after multiple reversals backed by volume
• The resistance remains firm at $ 0.241– $ 0.244 zone, which limits the upward breakdown attempts
• Volume of 718.4 m during brands of 16:00 in a single hour session in session
• The final time shows a bearish rejection of $ 0.240 to $ 0.238 with an increase in volume of more than 6m
• The consolidation structure remains intact with a probable configuration configuration
What merchants are seeing
• If Doge can have the support of $ 0.238 in early Asia or in the US trade.
• Breaking above $ 0.244 could cause up to $ 0.25+ rise
• Desglosse below $ 0.234 The support could invite to a short renewed pressure
• Volume confirmation will be key to validating the following directional movement.
