🗞️ News Background:
• Global markets are still digesting a wave of economic pressure from sustained trade tensions and policy uncertainty.
• President Trump's fresh tariff threats and outstanding fiscal debates are keeping risk assets — including cryptocurrencies — nervous. While memecoins such as DOGE tend to exaggerate these gyrations, Thursday's price activity also reflected signs of resilience.
• Dogecoin maintained above $0.162 with buyers jumping in at higher volume, a hint that some players may see current levels as a sensible entry point.
• Technicals are waiting for confirmation of a base with DOGE ranging close to familiar levels of earlier weeks.
• A sustained hold above $0.160 could lay the foundation for a more forceful move if broader sentiment turns upbeat.
🧑💻 Technical Analysis:
• DOGE fell 5.36% from $0.170 to $0.161 between July 4 05:00 and July 5 04:00, closing at $0.163.
• Significant bounce at $0.162 with trading volume hitting 452M during the 16:00–17:00 hour—over 2x the 24-hour average.
• Price action constricted into a tight range between $0.162 and $0.164, creating a potential short-term base.
• A U-shaped rebound occurred between 04:00 and 04:59 on July 5, with the price rising from $0.163 to $0.164.
• Volume jumped to 7.3M DOGE at 04:29, which was the best recovery attempt for the session.
• Horizontal support at $0.163 has been restored, coinciding with last week's consolidation area.
#DOGE #TradingSignals #TrumpVsMusk #CryptoNewss #MarketOverview
