Dogecoin Price Dey Eye $0.225 Breakout After Volume Surge
Dogecoin price hold firm support for $0.21 come back strong to face resistance for $0.22 after wen trading volume jump to 808.9 million DOGE, near double the weekly average. On-chain data show 13.9 million spike during recovery, mean say institutions dey active well well and dem dey accumulate more. Traders dey focus to break above $0.225 sharp sharp to confirm say rally fit extend go $0.25.
Technical indicators show say e balance but e lean more to bullish, RSI dey stable around mid-50s and MACD histogram dey tight before e fit crossover. Price don form short-term consolidation plus cup-and-handle pattern wey dey support bullish movement. Important levels to watch na $0.21 support and $0.22 resistance. This Dogecoin price movement go mean plenty for short-term traders wey wan plan their next move.
Bullish
Di bullish categorization come from wan 808.9 million DOGE volume surge, wey mean say institution dem dey collect DOGE ahead of important resistance test. For history, similar volume spike and breakout pass resistance don dey come before 10–20% DOGE rally. RSI wey dey steady near middle 50s and compressed MACD histogram dey show say momentum dey build, plus cup-and-handle consolidation dey support more upside. Short term, if price close pass $0.225 fit trigger move go $0.25; long term, steady institution interest and meme-coin rotation dey support more bullish potential as long as $0.21 support hold.