Dogecoin organized a strong recovery after a dramatic weekend sale, during which the Token collapsed to a minimum of $ 0.143 before bouncing above $ 0.153.
The measure occurred in the midst of the increase in the volume of negotiation, more than five times the daily average, confirming the buyer’s interest in the levels of critical support and suggests a possible change of impulse as the broader markets remain turbulent.
News history
- Global macroeconomic uncertainty continues to shake digital assets. Geopolitical tensions and commercial disputes between the main economies have amplified volatility in risk markets.
- Meanwhile, inflation concerns and continuous scrutiny of the monetary policy of the Federal Reserve have contributed to the cautious feeling in cryptography.
- Doge’s last rebound occurred during an intense sales pressure, but the strong support backed by volume to $ 0.145 seems to have caused a reversal.
- Despite being a high beta asset, Dogecoin recovery of its local minimums suggests a resistant market structure, particularly given the broader weakness observed in the Altcoins.
- Technical analysts are watching closely if Dege can maintain their impulse above $ 0.153 and break the short -term resistance as the upward volume accelerates.
Price action
Dege registered a 9.1% volatile range on the 24 -hour window, falling from $ 0.157 to $ 0.143 before recovering to close about $ 0.153. The most dramatic sale occurred during the 13-14 hours, where the volume increased more than five times the average, establishing a firm floor of $ 0.145.
In the last hour of trade, Dogecoin increased from $ 0.152 to $ 0.153, with a notable breakdown above $ 0.153432 that occurs after 04:58. The volume increased again at 05:11 (10.7m), confirming the buyer’s force and taking Dog to a new local maximum.
Technical Analysis Summary
- Doge fell from $ 0.157 to $ 0.143 and recovered at $ 0.153, a swing of 9.1%.
- The volume for 13–14 hours, the peak exceeded the daily average of 5 times, confirming the support at $ 0.145.
- The ascending trend was formed with higher clear casualties from $ 0.145 to $ 0.152.
- Breakout above $ 0.153 The resistance occurred after 04:58, which has the price at $ 0.153432.
- It arises in volume at 05:11 (10.7m) confirmed the strength of the rupture.
- The final time showed a sustained bullish impulse and a strong consolidation above $ 0.152.
- The price action is now directed to the $ 0.155– $ 0.158 area, with $ 0.145 of retention as a key support.
