By resistance, the Mimi currency pushes the accumulation of one billion edges before the decline in the late session.
Technical analysis overview
Doge Climbs 6.5 % in the 23 -hour period ending on August 13, 14:00, offered from $ 0.23 to $ 0.24 in a range of $ 0.02 (9.58 % volatility). Early trade emphasizes $ 0.23 as a major support in a higher volume than average, while the strength of the average session is between 07: 00-08: 00 The price is sent through multiple resistance levels on the size of 1.56B-the largest printing per day-indicating coordinated institutional accumulation.
Prices are holed up near $ 0.25 as strikes to achieve profits, crowned penetration. Support turns into $ 0.24 after a successful re -test in the closure.
News background
The accumulation of whales exceeded 1B DOGE (about 200 million dollars) during the gathering, and raising the ownership of the big pregnant woman near half of the circulating offer. The increase is compatible with the bullish technical settings on the daily plans, including the outbreak of the bullfish and an emerging golden cross, with a pattern targets indicating a $ 0.30 region.
Summary of the price procedure
• Dog earns 7 % from $ 0.23 to $ 0.24 during August 12 15: 00 – August 13 14:00
• 07: 00-08: 00 Breakout on 1.56B volume
• The peak prices near $ 0.25 before recovering to $ 0.24 to make profits
• Supports 0.24 dollars on repeated late session tests
Market analysis and economic factors
A mixture of whale flows and bullish graphic structures supports Doug momentum, although the width at $ 0.25 is still a roof in the short term. Unification is above $ 0.24, along with increasing support levels, keeps technical bias positive. The sustainable institutional participation will be a key for a team of $ 0.25 and run towards the technical goal of $ 0.30.
Technical indicators analysis
• Support: $ 0.23 (early defense), $ 0.24 (late session floor)
• Resistance: $ 0.25 (profit achievement zone)
• Size: 1.56B during the hacking hour; Daily average 565.8m
• The outbreak of the bull with the formation of Golden Cross on the daily graphics
• The lowest levels indicate the direction of continuous accumulation
What the merchants see
• Confirming the hack over $ 0.25 to open the path towards a goal of $ 0.30
• The support strength of $ 0.24 on any declines in achieving profits
• Continuing trends of the accumulation of a big pregnant woman
The effect of the broader market morale on Mimi currency flows
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