Dogecoin swung violently over the last 24 hours, with whales and institutional desks stepping in on heavy volumes near $0.234 support. The memecoin advanced 2% in the final hour to recover from steep intraday selling, though resistance at $0.244 remains firm.
Price Action Summary
• DOGE traded between $0.231 and $0.244 from September 8 at 04:00 to September 9 at 03:00, a 5.7% range. • Early momentum carried price to a $0.244 peak, but heavy profit-taking reversed gains by session close at $0.236. • Volumes spiked to 463.5M tokens during rejection at $0.244, showing strong institutional selling. • Late-session support emerged between $0.234–$0.237, with 687.9M tokens exchanged, suggesting accumulation. • Final hour recovery lifted DOGE from $0.234 to $0.237 (+1.3%) as volume averaged 6.2M