What to know
DOGE exchanged in a narrow range of $ 0.010 between $ 0.234 and $ 0.244 during the 24 hour session of July 27 at 03:00 a.m. to 28:00, marking an intraday spread of 4.12%.
The token opened at $ 0.238 and closed slightly more at $ 0.239 after testing the support and resistance areas several times throughout the day.
The key volume increases at 8 a.m., 3 p.m. and 4:00 p.m. indicated persistent purchase pressure, but the sellers defended the resistance strip from $ 0.241 to $ 0.244. DOGE remains in consolidation with the momentum under the upper limit.
New context
• DOGE exchanged a range of $ 0.010 with notable inversions at $ 0.235 and refusals of almost $ 0.244
• The volume jumped well above the average of 24 hours of 291.8 m, culminating at 718.4 m during the attempted rupture of 4:00 p.m.
• Sale of the final time from $ 0.240 to $ 0.238 confirmed the emerging resistance and a short -term inversion
• Despite a late pressure, the level of support of $ 0.238 maintained on several retestes, suggesting accumulation at lower levels
Summary of price action
DOGE printed a modest gain of 0.42% during the day, recovering slightly from the previous drops but not establishing a higher summit.
The support area from $ 0.235 to $ 0.238 was successfully tested three times, forming the lower end of the consolidation strip.
The Bulls tried to go out during the 4:00 p.m. rally, but were rejected at $ 0.241, leaving the price to settle just below the resistance. The final hour trading experienced a 0.83% withdrawal on a high volume, ending at $ 0.239.
Technical analysis
• negotiation range of $ 0.010 (4.12%) from $ 0.234 to $ 0.244
• Major assistance confirmed at $ 0.235 and $ 0.238 after inversions of several volumes
• The resistance is firm at $ 0.241 to $ 0.244 zone, limiting escape attempts
• Volume of 718.4 m for 4:00 p.m. the highest brands of negotiations of a single time of session
• The last hour shows a lower rejection from $ 0.240 to $ 0.238 with a volume peak over 6 m
• The consolidation structure remains intact with a probable break configuration forming
What traders look at
• If Doge can hold the support of $ 0.238 at the start of Asia or the United States
• Breaking above $ 0.244 could trigger an upward momentum to $ 0.25 +
• The failure of less than $ 0.234 could invite a short renewed pressure
• Confirmation of the volume will be the key to validating the following directional movement.
