Dogecoin (DOGE) is displaying resilience regardless of ongoing geopolitical tensions and shifting world commerce insurance policies impacting cryptocurrency markets. Whereas macroeconomic headwinds persist, DOGE has held above key transferring averages and is forming a bullish flag sample—doubtlessly signaling a transfer towards the $0.35 stage if shopping for stress continues.
Over the previous 24 hours, DOGE traded inside a 4.3% vary between $0.211 and $0.220, establishing strong assist round $0.212. This stage was bolstered by high-volume rebounds, notably at 13:00 and 22:00, signaling sturdy investor curiosity. From a technical standpoint, a bullish restoration took form after the 16:00 dip, with resistance showing between $0.217 and $0.220.
A surge in quantity in the course of the 20:00 candle, exceeding the 24-hour common, confirmed renewed shopping for curiosity. In the newest hour, DOGE gained upward momentum, climbing from $0.215 to $0.216, accompanied by vital quantity spikes at 01:17, 01:21, and once more round 01:54 to 01:55. A decisive breakout occurred at 01:16–01:17, when quantity jumped previous 8 million, pushing costs larger.
This upward transfer created an ascending sample of upper lows and a recent check of resistance within the $0.216–$0.217 zone. Buying and selling exercise intensified additional round 02:01–02:02, with volumes exceeding 7 million—highlighting continued bullish sentiment.
If Dogecoin can maintain above its present assist ranges and quantity stays sturdy, the bull flag setup may set off a breakout towards the $0.35 mark. Nonetheless, merchants ought to monitor for volatility as world financial situations evolve.
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