A detail about DOGE today is worth noting: the price is rebounding, but the trading volume has not returned to the levels of the past few days.
Currently, DOGE is around $0.096, with a 24-hour increase of about 3.3%, and a 24-hour trading volume of approximately $1.18 billion. Over the past 7 days, DOGE has risen about 17.5% cumulatively.
But if we look over a longer period, the contrast becomes clear.
On September 22, when DOGE surged above $0.10, the single-day trading volume reached about $173 million; on September 23, the volume even reached about $115 million. The price then fell back and is now back near $0.096.
What does this indicate?
Currently, DOGE is indeed getting stronger again, but the buying momentum has not clearly returned to the previous high levels.
So it is more suitable to observe now rather than rush to conclusions.
Key resistance to watch above is the $0.097–$0.10 range, which has repeatedly appeared as a pressure zone recently; below, pay attention to whether the $0.091–$0.093 area can continue to hold support.
The most critical point going forward is not just whether DOGE can continue to rise.
But:
When the price approaches previous resistance again, will the trading volume come back as well? #10月加息预期回落,今晚PCE成关键$DOGE