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Dogecoin Holds Key Support Amid Fed Rate Cut and Mixed Market Sentiment

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DOGE
$0.13003-1.57%
Dogecoin clings to a key support level after the Fed’s 25-basis-point rate cut, as traders assess the move’s impact on risk assets. The third cut this year exposed Fed divisions on future easing. DOGE remains in a $0.13–$0.15 range, with no clear momentum. Whale wallets added 480 million DOGE, and volume rose 7% above the seven-day average. Technicals show consolidation, with $0.1380 as support and $0.1425–$0.1430 as resistance. A move above $0.1420 could target $0.16–$0.18, while a drop below $0.1380 may test lower support & resistance levels.
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