Dogecoin steadied above key support as institutional flows anchored liquidity. Buyers repeatedly defended the $0.229–$0.230 floor while rejection volume capped upside at $0.234. A late-session push showed momentum building, but conviction remains tethered to whether DOGE can sustain closes beyond resistance.
News Background
DOGE advanced 1.6% between Sept. 30, 9:00 AM and Oct. 1, 8:00 AM, recovering from a $0.227 low to close at $0.234. Institutional desks dominated flows, defending the sub-$0.230 zone during Asian and European hours. Resistance materialized at $0.234, where volumes exceeded the 24-hour average of 248.7 million tokens. Analysts said the session reflected growing institutional presence in a market once defined by retail participation.
Price Action Summary
The token trad