DOGE Holds Above $0.24 Amid Choppy Trading and Strong Volume
Dogecoin (DOGE) maintained support above $0.24 during a volatile 24-hour session, with total trading volume surpassing 500 million. While broader crypto markets showed signs of caution, DOGE attracted steady buying, demonstrating resilience.
Market Activity
From September 23 at 03:00 to September 24 at 02:00, DOGE traded between $0.236 and $0.244. Attempts to push past $0.244 around 06:00 and 16:00 were met with profit-taking. In the final hour, the token climbed from $0.239 to $0.241 before closing at $0.240, reflecting a 1.37% net gain for the session.
Technical Snapshot
- Support: $0.236–$0.240 provided a solid floor for buyers.
- Resistance: $0.241–$0.244 continues to cap upward momentum.
- Volume: Early rallies saw over 500M DOGE traded; late-session spike of 7M reinforced the support zone.
- Pattern: The tight trading range suggests potential for a breakout if DOGE clears $0.244.
Key Levels to Watch
Traders are monitoring whether DOGE can break above $0.244 for bullish continuation, hold the $0.236–$0.240 support zone, and sustain high-volume activity. Market participants are also keeping an eye on memecoin sentiment amid regulatory developments.
