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Dogecoin organized a sharp recovery after a dramatic weekend selection, during which the token fell to a minimum of $ 0.143 before bouncing above $ 0.153.
This step came in the middle of a sharp volume of trading – more than five times the daily average – confirming the buyer’s interest at the critical support level and suggesting a possible shift in momentum because wider markets remain turbulent.
Background messages
- Global macroeconomic uncertainty continues to rattle digital asset. Geopolitical tensions and trade disputes between the main economies have intensified volatility on risk markets.
- Meanwhile, concerns about inflation and continued control of the monetary policy of the federal reserve contributed to a careful sentiment in the crypt.
- Doge’s last reflection came in the period of intensive sales pressure, but it seems that strong support supported by the volume for $ 0.145 caused conversion.
- Although Dogecoin’s revival of the local minimum, which is an asset with a high beta, indicates a durable market structure-especially due to the wider weakness that occurs across altcoins.
- Technical analysts carefully monitor whether DOGE can maintain its momentum above $ 0.153 and break short -term resistance, as the bull volume accelerates.
Price
DOGE published a volatile range of $ 9.1% in a 24 -hour window, dropping from $ 0.157 to $ 0.143 before it bounced to close nearly $ 0.153. The most dramatic sales occurred within 13-14 hours, where the volume increased to more than five times the diameter and created a fixed floor for $ 0.145.
In the last hour of trading, dogecoin increased from 0.152 to $ 0.153, with a remarkable escape over $ 0.153432 occurred after 04:58. The volume increased again at 05:11 (10.7 m) and confirmed the power of the buyer and pushed Doga to a new local maximum.
Recapitulation of technical analysis
- DOGE dropped from 0.157 to $ 0.143 and bounced to $ 0.153 – 9.1% swing.
- The volume within 13-14 hours of Spike exceeded 5x daily average, which confirmed support to $ 0.145.
- The uptrend was formed with clean higher minimums from 0.145 to $ 0.152.
- Breakout above the resistance of $ 0.153 occurred after 04:58, which moved the price to $ 0.153432.
- The volume increase at 05:11 (10.7 m) confirmed the power of escape.
- The last hour showed permanent bull momentum and strong consolidation above $ 0.152.
- The price event now focuses on the 0.155 – 0.158 USD zone, while key support is the possession of $ 0.145.
