According to Gate News bot and CoinDesk, DOGE has shown new strong signs after rebounding 17% from weekend lows, with strong buying pressure maintaining the key support level at $0.16. Despite ongoing geopolitical tensions and macroeconomic uncertainties weighing on the market, DOGE seems to be building a higher low structure, which may lay the foundation for further rise.
In the past 24 hours, the trading price of DOGE fluctuated between $0.1628 and $0.1677, a change of 2.97%. At 15:00, the asset found strong support at $0.1628, and as buyers entered the market, the trading volume of DOGE approached 300 million. Subsequently, DOGE experienced a significant pullback at $0.1677, forming a resistance level.
In the last hour of trading, DOGE rose from $0.1645 to $0.1661, an increase of 0.98%. Key momentum appeared at UTC times 01:28 and 01:34, with trading volumes soaring to 10.7 million and 20.1 million DOGE, confirming buyer interest and pushing the price to a local high of $0.1664. As volatility gradually diminished, the price ultimately consolidated above $0.1659.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
