General description of the technical analysis
Dege falls 6.88% in the 24 -hour period ending on August 12, falling from $ 0.24 to $ 0.22 as sellers overwhelm the liquidity on the supply side. The heaviest pressure arrives at 07:00 on August 11, with a sliding price of $ 0.238 to $ 0.233 in a volume of 485.69m, 31% above the daily average of 371.45m. This establishes $ 0.238 as an important level of resistance.
Buyers intervene at $ 0.226 during the session of 11:00, generating 793.38m in volume. Secondary resistance is formed at $ 0.231 as multiple rally attempts fail. The last hour’s trade sees the united Doge range between $ 0.2247- $ 0.2253 with volume compression, which suggests a possible depletion of the seller.
News history
The sale of the sale is produced in the midst of a broader weakness in digital assets, with regulatory uncertainty and global commercial tensions that weigh on the feeling of risk. The main economies are increasing tariff disputes, pressing multinational supply chains, while central banks indicate potential policy changes, a mixture that has caused the institutional cut in cryptography holdings.
Summary of the price action
• Doge decreases 6.88% of $ 0.24 to $ 0.22 on August 11 01: 00 – August Window, 12 00:00
• $ 0.238 Blocked resistance after 07:00 selling climax in a volume of 485.69m
• $ 0.226 SUPPORT VE 793.38m in purchase flows; $ 0.231 Secondary resistance limits
• The final time is quoted in an adjusted range of $ 0.2247- $ 0.2253 with a fall volume
Market analysis and economic factors
The whale and institutional profits at $ 0.238 resistance established the tone for the session, which causes a breakdown below $ 0.23 and forcing re -stations of $ 0.226. The support of support was evident in two main volume peaks (11:00 and 21:00), but repeated rejections about $ 0.231 kept Dege set.
With the thinning of the volume in the minimums of the session, the structure suggests a possible base construction, although the winds against the winds against the macro could see $ 0.22 tested again.
Analysis of technical indicators
• Resistance: $ 0.238 (high volume rejection), $ 0.231 (secondary limit)
• Support: $ 0.226 Initial Defense, $ 0.2247- $ 0.2249 Floor Intradía
• 24 -hour range: $ 0.019 (7.89% volatility)
• Volume compression near the minimum possible signs of the seller
• Multiple failed outbreaks above $ 0.231 Confirm the overload of the supply zone
What merchants are seeing
• Try $ 0.22 again and if the buyer’s flows reappear in the key support
• Rupture attempts above $ 0.231 as the first step towards recovery
• Impact of macro holders on the feeling of broader meme coins
• Renewed whale accumulation signs after selling climax
