- Dogecoin was trading around the level of support of $0.144 with a small range of 24 hours defining the short-term structure.
- The price drifted to the level of the resistance to reach the $0.1535, where traders were following the response inside the user-defined reversal band of $0.10 to $0.155.
- The long-term focus was on the reference zone of $0.4 to 0.5 and the weekly chart indicated further compression.
Dogecoin was trading around the recent support level with the market keeping an eye on a thin and active price formation. The coin was trading at $0.1484 having increased by 2.6% in the last 24 hours. This made the price near the support zone of $0.144 which was still a major reference point among the traders.
The weekly chart also indicated that the token remained in the reversal zone created by the user of the figure between the prices of $0.10 and $0.155. This range kept attention on short-term behavior because the market continued to move within contained boundaries. As the price held its level, observers focused on the next reaction, especially with resistance forming at $0.1535.
Price Holds Above Support as Tight Conditions Continue
The market kept trading within a restricted 24-hour range, which shaped the current structure. This narrow movement provided little deviation, yet it maintained a clear line between support and resistance. The price reaction near $0.144 created a stable reference point, and this helped define the near-term outlook.
However, the token remained close to the upper boundary, which added more emphasis to the $0.1535 resistance. The chart also showed the broader weekly pattern pressing into the midpoint of the reversal band mentioned earlier. This kept attention on whether the current level would attract further activity.
Traders Watch Resistance as Weekly Chart Shows Compression
The weekly time frame highlighted a compressed pattern, yet it retained enough structure for traders to track shifts. The price sat just under the resistance level, which became important because any approach could alter short-term direction. Market participants also monitored the interaction between the support region and the recent bounce.
These movements helped establish the boundaries for the week, and they provided a clean framework for evaluating upcoming activity. The chart also displayed historical reactions near similar zones, which reinforced the present focus on the compressed formation.
Long-Term Levels Draw Attention as Market Maintains Structure
The long-term view included the previously established window between $0.4 and $0.5. This range served as an upper reference for those monitoring extended price behavior. However, the immediate structure remained defined by the current narrow range, the support level, and the nearby resistance. This alignment kept the market focused on short-term conditions while maintaining awareness of longer horizons. As the token held its position, traders continued to track each move within the boundaries that shaped the broader structure.
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