3 hours ago
Dogecoin swung done a 5% scope earlier fading late, with organization liquidation flows breaking enactment successful the closing session. A defended $0.251 level and rebound toward $0.264 showed resilience, but a crisp 33M-volume selloff astatine 03:55 punctured momentum and near terms consolidating adjacent $0.261.
News Background
DOGE traded betwixt $0.251 and $0.264 from Oct. 2, 04:00 to Oct. 3, 03:00, posting a 2.7% nett summation aft navigating some intraday correction and betterment phases. Analysts pointed to organization desks arsenic the ascendant travel driver, with SBI and ETF speculation keeping broader bid involvement intact. Technical specialists highlighted an emerging ascending megaphone signifier and hidden bullish divergence, suggesting imaginable upside remains contempt short-term merchantability pressure.
Price Action Summary
- DOGE dipped to $0.251 astatine 14:00 earlier rebounding to $0.264 by 21:00.
- Selloff volumes peaked astatine 666M tokens during the downturn; the rebound signifier drew 414M.
- Support formed astatine $0.251–$0.253, portion absorption consolidated astatine $0.262–$0.264.
- In the last hour, DOGE slipped from $0.261 to $0.260 connected a 33.1M spike, signaling organization liquidation.
Technical Analysis
Key enactment remains anchored astatine $0.251–$0.253, wherever buyers repeatedly stepped in. Resistance is steadfast astatine $0.262–$0.264, with rejection unit capping rebounds. The operation shows some resilience and fragility: late-session liquidation prints broke short-term support, yet broader patterns — including an ascending megaphone and bullish divergence connected momentum indicators — suggest imaginable continuation toward $0.34 if buyers reassert supra $0.262.
What Traders Are Watching?
- Whether DOGE tin stabilize supra $0.260 aft late-session liquidation.
- A retest of $0.251–$0.253 enactment if selling persists into U.S. hours.
- Confirmation of bullish divergence and megaphone breakout setups, with upside targets toward $0.34.
- ETF speculation flows that could re-anchor meme-coin bids crossed DOGE and SHIB.
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