Based on Coindesk, Dogecoin (DOGE) rose 2.4% in the 24-hour session ending October 24 02:00, breaking through the $0.1953 resistance level to reach $0.1957. The move occurred on 483 million in volume, 68% above the daily average, indicating strong institutional participation. Analysts noted structural similarities to Wyckoff accumulation phases seen in prior cycles, with DOGE trading in a tight intraday range while building higher lows. The price consolidated near session highs, suggesting strength rather than exhaustion. Traders are watching for a potential breakout above $0.20, which could attract momentum-driven inflows.
DOGE Breaks $0.195 Level on Heavy Trade, Wyckoff Setup Points to Next Leg Higher
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