Dogecoin swing through a range of 5% before fading late, with institutional settlement flows that broke support in the closing session. A floor defended from $ 0.251 and a rebound to $ 0.264 showed resilience, but a strong sale of a volume of 33 million at 03:55 drilled impulse and the left price was consolidated about $ 0.261.
News history
Doge quoted between $ 0.251 and $ 0.264 from October 2, 04:00 to October 3, 03:00, registering a net gain of 2.7% after navigating both in the stages of correct correction and recovery. Analysts pointed to institutional desks as the dominant flow driver, with SBI and ETF speculation keeping intact the broader offer interest. The technical specialists highlighted an emerging ascending megaphone pattern and a hidden upward divergence, suggesting potential upward remains despite the short -term sales pressure.
Summary of the price action
- Doge dropped to $ 0.251 at 14:00 before recovering at $ 0.264 at 9:00 p.m.
- The sales volumes of the maximum sale reached a maximum of 666 m of tokens during the recession; The rebound phase attracted 414m.
- The support was formed at $ 0.251– $ 0.253, while the resistance was consolidated at $ 0.262– $ 0.264.
- In the last hour, Dege fell from $ 0.261 to $ 0.260 in a peak of 33.1 m, pointing out institutional settlement.
Technical analysis
The key support remains anchored at $ 0.251– $ 0.253, where buyers intervened repeatedly. The resistance is firm at $ 0.262– $ 0.264, with rejection pressure limitation. The structure shows resilience and fragility: late session liquidation impressions broke the short -term support, but the broader patterns, which include an ascending megaphone and a bull divergence in impulse indicators, suggest a continuous potential for $ 0.34 if buyers reaffirm above $ 0.262.
What operators are seeing?
- If Doge can stabilize above $ 0.260 after late session settlement.
- A new $ 0.251 test– $ 0.253 support if the sale persists in US hours.
- Confirmation of the bullish divergence and megaphone rupture configurations, with upward objectives towards $ 0.34.
- The ETF speculation flows that could repair the offers of the Meme-Coin mountain in Doge and Shib.
