Preview of technical analysis
DOGE wins 3% during the 24 -hour period ending on August 11, from $ 0.23 to $ 0.24 between August 10 05:00 and August 11. The most aggressive decision comes in the time of 01: 00-02: 00 00 on August 11, when the price goes from $ 0.23 to $ 0.24 out of 829.05 million volumes, more than double the average of 24 hours of 334.71 million.
The resistance emerges to $ 0.24 after a high volume rejection, while the support consolidates $ 0.23 to $ 0.232. A high volume combined with higher signals signals the accumulation pressure, positioning DOGE for a potential escape if $ 0.24 emerges.
New context
The rally intervenes in an increase in global economic uncertainty, with changes in commercial policy and geopolitical tensions encouraging investors to diversify into alternative assets. The monetary decision -makers of large economies closely monitor developments, inflation expectations and flow rate prospects.
In this environment, institutional actors have intensified participation in cryptocurrencies – including assets even – as a cover and diversification tools. The activity of whales in DOGE has increased, with more than a billion tokens worth around 200 million dollars accumulated during recent sessions.
Summary of price action
• DOGE RALLYS 3% from $ 0.23 to $ 0.24 between August 10, 05:00 and August 11:00 a.m.
• 01: 00-02: 00 Breakout sees 829.05 m in volume, more daily double average
• Resistance set at $ 0.24; Assistance confirmed at $ 0.23 at $ 0.232
• The accumulation of whales is at the top of 1b Doge with a value of ~ 200 million dollars
Market analysis and economic factors
The purchase of supported whales underlines the confidence in the positioning of Doge during macro uncertainty. Institutional entries in the $ 0.23 support area suggest strategic accumulation rather than short -term speculation. The Macro backdrop – defined by trade disputes and expectations of shift rates – stimulates increased allowances to digital assets as perceived unreasoned hedges.
Technical indicators analysis
• $ 0.23 to $ 0.232 in support reinforced by a heavy purchase volume
• Resistance to $ 0.24 marked by high volume rejection
• The 24 -hour range extends over $ 0.01 (5% volatility)
• The volume of break hours of 829.05 m exceeds the average of 148%
• The higher model supports the Haussier continuation configuration
What traders look at
• Council confirmation greater than $ 0.24 for upward continuation to $ 0.25 to $ 0.26
• Persistence of the accumulation of whales in the middle of macro-voltility
• Impact of global trade policy changes on the broader feeling of cryptography
• If the volume trends remain high in the following resistance test
