Dogecoin Consolidates, Eyes Breakout on Support at $0.2524

Dogecoin is currently consolidating between a robust support level of $0.2524 and resistance at $0.2645, forming a defined trading band. The weekly chart showcases repeated cycles of consolidation followed by strong upward surges and subsequent pullbacks. Current price at $0.2547 reflects a minor 0.2% decrease over the past 24 hours, with momentum compressed within a narrow range. Analysts closely observe this pattern as it points to potential breakouts in the near term.