Dogecoin edged higher over the past 24 hours, gaining about 0.6% to around $0.1246, but the move remained within a tight trading range as broader market sentiment dominated price action. Late-session selling pushed the token back below short-term support at $0.1243, turning that level into near-term resistance and signaling fading upside momentum amid ongoing consolidation. Traders say the asset remains range-bound as long as the $0.1222 support holds, with a break below that level seen as a trigger for a deeper pullback and a recovery above $0.1243 needed to reopen a test of $0.1255.
Over the 24-hour window, DOGE rose about 0.6% from roughly $0.1228 to $0.1246, but momentum stayed limited as gains remained within a tight ~3% range. An intraday surge above $0.1230 failed to sustain momentum and liquidity thinned before a late pullback dragged price toward the lower end of the range, signaling fading upside pressure. On the technical front, the picture remains range-bound with a recent break below $0.1243 flipping it to near-term resistance and a softer bias; traders say as long as $0.1222 holds, the market could stay in a wait-and-see mode, with the next move depending on volume.
Dogecoin rose about 0.6% in the last 24 hours to roughly $0.1246, but gains remained confined within a tight trading range as broader market sentiment dominated action. Late-session selling pushed DOGE back below the short-term support at $0.1243, turning that level into near-term resistance and signaling fading upside momentum amid ongoing consolidation. Traders note the asset staying range-bound as long as the $0.1222 support holds, with a break below that level seen as a trigger for a deeper pullback and a recovery above $0.1243 required to test $0.1255.
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