Dogecoin consolidates near $0.081 as sellers gain edge and activity slows

  • Dogecoin is consolidating around $0.081 after climbing from the $0.07 zone toward $0.09 in late August.
  • About 30 billion DOGE traded near $0.081, while Binance data places long liquidations around $0.077-$0.079.
  • CryptoQuant shows sellers gaining an edge and participation declining, although larger orders continue and DOGE remains above neutral RSI levels.

Dogecoin is consolidating around the $0.081 support level after rising from the $0.07 zone toward $0.09 in late August. About 30 billion DOGE traded around $0.081, indicating strong holder interest, while Binance data points to potential volatility and long liquidations near $0.077-$0.079. CryptoQuant data shows sellers gaining an edge as trading intensity declines, although larger orders continue to appear, suggesting bigger players remain active. RSI remains above neutral, while MACD indicates slower momentum. AMBCrypto previously reported that Dogecoin entered a rare CVDD undervaluation zone associated with major turning points, but a bottom is not obvious.

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