Dogecoin ($DOGE ) is trading with mild upward momentum, currently priced at 0.23283 USDT (Rs66.05), showing a 1.47% daily gain. The price action for the last 24 hours reflects a range between 0.22006 USDT and 0.23622 USDT, signaling short-term volatility but also resilience as buyers continue to support the asset above the 0.22 USDT level. Trading activity remains strong, with 1.70B DOGE exchanged against 388.74M USDT, highlighting active participation and decent liquidity in the market.
Looking at technical indicators, MA(7) at 0.23200 suggests DOGE is currently aligned with its short-term trend, while MA(25) at 0.22871 shows bullish momentum building above recent averages. However, the MA(99) at 0.23328 is acting as a near-term resistance zone, which traders will be watching closely. Volume indicators show current volume at 40.83M, falling below the 5- and 10-period moving averages, which may hint at weakening momentum unless buying pressure increases. If DOGE can hold above 0.233 USDT, it could attempt another push toward 0.236 and beyond; otherwise, a slip under 0.228 may trigger a short-term retracement.
