Dogecoin continues to swing in a narrow framework between support at $ 0.15 and a $ 0.23 resistance, with a decrease in trading volume. This indicates that the graph will be able to overcome the resistance, it is necessary to get more purchase
After Dogecoin decreased from the latest high point, it began to balance in an important trading zone and energy accumulation within the support range of $ 0.15.
Important technical monuments
- Important support at $ 0.15: It is the lowest level in the past and also behaves as long -term support
- Resistance at important points: The price is still limited to the frame between 0.15-0.23 dollars, which is what Dogecoin must pass by changing the price direction.
- The amount of trading is not enough: The daily trading volume is still low, which is not enough to confirm the resistance.
Overall, Dogecoin is in a narrow framework and there is no clear direction. However, if Dogecoin is able to stabilize $ 0.15, and the trading amount is continuously supported, this may be the beginning of the next resistance at $ 0.23 or more.
Investors should monitor trading and the structure confirmation signs before entering the trading direction.
Thanks from https://crypto.News/dogecoin-consolidates-at-Key-support-zone-Aas-Volume-remains-subdued/
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2025-06-27 22:07:00