Dogecoin Price Pulls Back, Holds Support Near $0.2307 After Three Resistance Rejections

Dogecoin’s price has experienced a 2.8% decline over the past 24 hours to reach $0.2341, holding support near $0.2307. This comes after three consecutive rejections at the $0.2458 resistance level, which have stalled recent upward momentum. Current market activity shows a neutral to mild bearish trend as indicated by the RSI (at 47) and MACD (-94.01M). 24-hour price action has also seen three consecutive rejections near this key price ceiling.