$DOGE
/USDT Trading Report — 6th August 2025
The DOGE/USDT pair continues to show resilience in the current market, trading at 0.19929 USDT with a modest +0.11% 24-hour gain. After testing a high of 0.20885, DOGE faced slight resistance and is now consolidating just above its daily low of 0.19560. Backed by strong trading volume — over 844.55M DOGE exchanged and 169.64M USDT in turnover — the asset maintains solid liquidity, signaling interest from both short-term scalpers and mid-term swing traders. The recent rejection at 0.21127 suggests the presence of key sellers, but DOGE remains in a healthy range and could be priming for another upside move.
Technically, DOGE is forming a bullish base between 0.195–0.200, which may act as a strong demand zone if price holds above 0.19826. A breakout above 0.20861–0.21127 could spark a renewed bullish wave targeting 0.2200 and beyond. Traders should watch for volume surges and bullish candles near 0.2000, which may offer ideal entry points. With its Proof-of-Work (POW) fundamentals and consistent market presence, DOGE remains one of the most actively traded altcoins. Consider buying dips with stop-losses just below 0.19560 for a low-risk, high-reward setup — DOGE is gearing up for its next move.