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DOGE Finds Support After Tariff-Driven Drop

May 24, 2025Updated:May 24, 2025No Comments1 Min Read
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DOGE Finds Support After Tariff-Driven Drop
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DOGE Finds Support After Tariff-Driven Drop

World financial uncertainties and commerce coverage shifts are creating ripple results throughout cryptocurrency markets, with Dogecoin exhibiting resilience regardless of current downward stress.

The meme coin has shaped a transparent bearish channel with resistance at $0.236, although sturdy shopping for emerged at assist ranges, indicating investor confidence stays regardless of broader market considerations.

Technical Evaluation Highlights

  • DOGE skilled a big downtrend over the 24-hour interval, falling from 0.238 to 0.227, representing a variety of 0.015 (6.3%).
  • The value motion shaped a transparent bearish channel with resistance at 0.236 and assist rising round 0.224.
  • Excessive-volume shopping for occurred through the 23:00 hour with 643M in quantity—considerably above the 24-hour common.
  • After reaching the cycle low, DOGE has established a consolidation sample between 0.227-0.230, with lowering volatility.
  • Within the final hour, DOGE exhibited important volatility with a transparent downward bias, falling from 0.229 to 0.227 (0.87% decline).
  • The value motion shaped a sequence of decrease highs and decrease lows, with notable promoting stress at 13:35 and 13:56.
  • A short lived assist degree shaped at 0.227 with consumers stepping in at 14:01, producing the hour’s highest quantity of 4.5M.

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