Dogecoin passed a 5% range before fading late, with institutional flow of the closing session support flow. A defended $ 0.251 floor and bouncing towards $ 0.264 showed elastic, but a sharp 33m-volume selling at 3:55 pm punctured momentum and left the price combined near $ 0.261.
News background
The Doge exchanged between $ 0.251 and $ 0.264 from October 2, 04:00 to October 3, 03:00, posting a 2.7% net gain after navigating both corrections and recovery phases. Analysts point to institutional desks as dominant flow drivers, with the SBI and ETF speculation that maintains a broader interest in the bid. Technical specialists highlighted an emerging megaphone pattern and hidden bullish variations, suggesting potential reversal remains despite short-term sales pressure.
Summary of price action
- The Doge faded at $ 0.251 at 14:00 before re -rebelled at $ 0.264 by 21:00.
- Volumes of sale sink 666m tokens during the fall; The rebound phase draws 414m.
- The support was formed at $ 0.251- $ 0.253, while the resistance was combined with $ 0.262- $ 0.264.
- In the final time, the Doge slipped from $ 0.261 to $ 0.260 to a 33.1M spike, institutional extermination signal.
Technical analysis
The main support remains anchored at $ 0.251- $ 0.253, where consumers repeatedly walk. The resistance was stable at $ 0.262- $ 0.264, with a decline of decline in rebounds. The structure shows both elastic and breakdown: late-session liquidation prints destroy short-term support, but wider patterns-including an ascending megaphone and bullish variations in momentum indicators-suggest potential continuity towards $ 0.34 if consumers re-cover above $ 0.262.
What entrepreneurs are watching?
- If the Doge can stabilize more than $ 0.260 after the late prevention.
- A retest of $ 0.251- $ 0.253 support if the sale goes on during the US time.
- Confirmation of bullish divergence and megaphone breakout setups, with reversed targets towards $ 0.34.
- ETF speculation that can re-anchor a meme-coin bid across the Doge and Shib.
