Dogecoin registered a controlled increase within an intra -pressed band, with buyers repeatedly defending the $ 0.213– $ 0.214 area and vendors that are inclined in the $ 0.220 – $ 0.221 area. The impulse improved in the rebounds where the volume rose above the rules of the session, but the late impulse vanished maintained the set fastened just below the end -of resistance.
News history
- No confirmed catalyst holder promoted the movement. The session was dominated by the order flow dynamics around $ 0.21 of support and resistance of $ 0.22.
- References prior to “maximum of all time”, presentations of ETF or treasure ads were eliminated due to lack of verification. This reading focuses strictly on the observable behavior of prices and volume.
- Broader flows of monas of memes were mixed, with an intra -evident rotation, but without rupture throughout the sector confirmed by closing force.
Summary of the price action
- Traded a range of ~ $ 0.008– $ 0.010, approximately 3–4% of swing, with minimums about $ 0.213– $ 0.214 and maximum probe $ 0.220– $ 0.221.
- The most steep leg at the bottom arrived in the middle of the session towards $ 0.213, where Buy intervened quicklyproducing an V -style rebound.
- Rebound attempts stagnant below $ 0.22with multiple rejections in the $ 0.220– $ 0.221.
- The closing time is shown impulseleaving the stabilized price just under resistance and preserving the highest intradic structure.
Technical analysis
- Support: $ 0.213– $ 0.214 is the intra -demand zone. A sustained rest below exposes $ 0.210– $ 0.212 and then $ 0.205.
- Endurance: $ 0.220– $ 0.221 is still the immediate roof. Above that, the reference levels are at $ 0.224– $ 0.226 and $ 0.230.
- Impulse: RSI that is supported around the mid -50s reflects a neutral bias to 9 without overextension.
- MACD: The histogram is converging towards a possible bullish crossing, consisting of accumulation in sauces instead of purchasing persecution.
- Pattern: Ongoing Lateral consolidation below $ 0.22. A clean break and maintenance above $ 0.221 to the expansion of the volume would confirm the continuation; The failure keeps the cut intact.
- Volume profile: Printed investment fools Relative superior performance volumeWhile the resistance tests vanished participation, indicating the need for a stronger sponsorship to break.
What merchants are seeing
- Can Doge close above $ 0.221 with volume expansion? A decisive daily closure through resistance would validate a change from rank trade to continuation, opening $ 0.224– $ 0.226 first, then $ 0.230. Repeated failures invite average reversal towards $ 0.214.
- Depth and absorption at $ 0.213– $ 0.214. Persistent resting offers and rapid claim behavior support the case of bulls. Thinner books or slower rebounds would notice that the demand weakens.
- Quality of the rupture if it occurs. Operators will seek higher and higher high ups and dotheses in intradic frameworks, the reduction of wicks in the maximums and the growing participation instead of a single peak that is invested.
- Posture of derivatives. Financing, open interest and long -term bias should confirm the spot force. Rising OI with stable funds is healthier than a long construction full of people with a cousin that invites site.
- BTC correlation and amplitude of the meme sector. A BTC thrust through the near resistance or the broader confirmation of meme-coin often improves tracking. The divergence would mitigate the expectations on the rise.
