#DOGE rebounds 9% intraday before hitting a wall at $0.213! Does it consolidate or correct?
📰 Full content:
Dogecoin had an intense day: it soared from $0.198 to $0.213 (+8.6%) during the session from July 11 to July 12, fueled by positive macro flows and massive institutional buying. However, it closed the day at $0.202 after facing strong resistance between $0.208–$0.213.
🔍 The volume reached 1.1 billion tokens, indicating that this range was marked by profit-taking from large holders.
📌 The support at $0.200–$0.201 has held up well, suggesting consolidation before the next stage.
🎯 What's next:
If DOGE manages to stay above $0.202 and breaks $0.208 with volume, we could see another surge.
A pullback below $0.200 could lead it to correct towards $0.190–$0.185.
