DOGE attempted a breakout, fueled by a 780M volume surge, but ultimately failed to sustain above $0.24. Whale outflows of approximately 40M DOGE contributed to this resistance, as large holders trimmed their balances. Despite the setback, DOGE remains above its 200-day moving average (~$0.22), preserving a medium-term constructive bias. Traders are closely monitoring if shorter moving averages curl higher, potentially triggering a golden cross setup.
Key levels to watch: $0.23 (active support) and a daily close above $0.24 for a potential run toward $0.245-$0.25.
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