Meme coin pushes through resistance to billion-dollar accumulation before withdrawing the session trimmer.
Overview of Technical Analysis
DOGE climbes 6.5% in the 23-hour period ending August 13 14:00, and moved on from $ 0.23 to $ 0.24 in a $ 0.02 range (9.58% volatility). Early trade confirms $ 0.23 as key support of volume above average, while the mids session strength between 07: 00-08: 00 sends price through multiple resistance levels of 1.56B volume-day’s largest print-signaling coordinated institutional accumulation.
Price stalls near $ 0.25, when profitable hits close the outbreak. Support changes higher to $ 0.24 after several successful gene tests in the closure.
News Background
Whale accumulation exceeded 1B DOGE (~ $ 200 million wave is consistent with Bullish technical setups on daily charts, including a bull flag -breakout and a growing golden cross, with pattern dimensions pointing to the $ 0.30 zone.
Summary of Price Action
• DOGE GETS 7% FROM $ 0.23 to $ 0.24 During 12 August 15: 00 – 13. August 14:00
• 07: 00-08: 00 Breakout on 1.56B volume clearing multiple resistance levels
• Priceds near $ 0.25 before withdrawing to $ 0.24 on profit -taking
• $ 0.24 Support holds on repeated session test
Market analysis and financial factors
The combination of whale flow and bullish chart structures supported Doges Momentum, although delivery to $ 0.25 remains a short -term short term. Consolidation above $ 0.24, combined with increasing support levels, keeps the technical bias positive. Persistent institutional participation will be the key to a $ 0.25 breakout and a race against the technical target of $ 0.30.
Technical indicator analysis
• Support: $ 0.23 (Early Defense), $ 0.24 (Late-Session Floor)
• Resistance: $ 0.25 (profit-tag zone)
• Volume: 1.56b in the eruption time; Daily average 565.8 m
• Bull Flag Breakout with Golden Cross formed on daily charts
• Higher low indicates sustained accumulation trend
Which dealers are looking at
• Confirmation Confirmation Over $ 0.25 to open the path against $ 0.30 target
• Strength of $ 0.24 Support on any profit -taking dips
• Continuation of the Great Holder’s Accumulation Tenses
• the effect of wider market mood on meme -coin -streaming
