$DOGE

DOGEUSDT

Perp.

0.22445

+4.5%

/Trading Report USDT – August 8, 2025 | High Volume Surge Signals Bullish Strength

Dogecoin (DOGE) is making a powerful move, currently trading at $0.22282, with a solid gain of 4.38% in the last 24 hours. Supported by an impressive 24h trading volume of 1.08 billion DOGE, the coin has risen from a low of $0.21014 to a high of $0.22684, showing strong market momentum. The consistent flow of volume and the presence of buyers near support indicate a healthy uptrend, especially with renewed interest in Proof-of-Work (PoW) assets. The upward movement of DOGE aligns with the broader bullish sentiment in the altcoin space, making it one of today's highlights.

From a technical perspective, DOGE is currently testing the resistance zone around $0.22684–$0.22802. A clean breakout above this range with strong volume could trigger a rapid rise towards the next psychological levels at $0.2350 and $0.2450. Key support zones are forming at $0.21766 and $0.21249, ideal areas for a possible re-entry on dips. Day traders should watch for breakout confirmations, while swing traders may build positions on corrections for higher bullish targets. With strong volume and a price structure, DOGE/USDT is offering one of the most promising setups of the day for both short-term momentum plays and medium-term bullish continuation.