What to know
DOGE traded within a narrow $ 0.010 interval between $ 0.234 and $ 0.244 during the 24-hour session from July 27 at. 03:00 to 28 July at. 02:00, which marks a 4.12% intraday spread.
The token opened at $ 0.238 and closed marginally higher at $ 0.239 after testing both support and resistance zones several times during the day.
Key -volume waves at. 08:00, 15:00 and 16:00 indicated renewable purchase pressure, but sellers defended $ 0.241– $ 0.244 The resistance tape. DOGE remains in consolidation with momentum structure below the upper limit.
News Background
• DOGE traded in a row of $ 0.010 with remarkable reversals to $ 0.235 and refusal near $ 0.244
• Volume rose well over the 24-hour average of 291.8 m and peaked at 718.4 mi course of 16:00 Breakout trial
• Sale of the last hour from $ 0.240 to $ 0.238 confirmed new resistance and a short -term bearish reversing
• Despite late pressure, the level of $ 0.238 is supported on multiple gene states, suggesting accumulation at lower levels
Summary of Price Action
DOGE printed a modest 0.42% gain in the day and recovered a little from earlier falls, but failed to establish a higher high.
$ 0.235- $ 0.238 support zone was successfully tested three times, forming the lower end of the consolidation band.
Bulls tried to break out below 4pm -rally, but was rejected at $ 0.241, leaving the price to settle just under resistance. The last hour of trade experienced a withdrawal of 0.83% on elevated volume and closed at $ 0.239.
Technical analysis
• Trade area of $ 0.010 (4.12%) from $ 0.234 to $ 0.244
• Large support confirmed at $ 0.235 and $ 0.238 after multiple volume -backed turns
• Resistance holds at $ 0.241- $ 0.244 zone, which limits up -breakout -attempts
• 718.4 m Binding during 16:00 Hours of Highest Single Time Trade in Session
• Final Hour shows Bearish rejection from $ 0.240 to $ 0.238 with volume tip over 6 m
• Consolidation structure remains intact with a probable setup of setup
Which dealers are looking at
• Whether DODE can have $ 0.238 -Support in early Asia or US Trading
• Break over $ 0.244 could trigger upward momentum against $ 0.25+
• Division under $ 0.234 Support could invite renewed short pressure
• Volume confirmation will be the key to validating the next directional feature.
