Dogecoin slipped after an attempted breakout failed to stick, leaving the meme coin trapped in another bout of consolidation. Over the past 24 hours DOGE ticked up roughly 0.6%, moving from $0.1228 to $0.1246, but that advance stayed cramped inside a roughly 3% trading range. Early in the session a burst of volume pushed price briefly above $0.1230 and opened the door to higher levels, yet that strength evaporated as trading thinned and traders faded the move. There was no token-specific news to drive action — DOGE largely traded as a proxy for broader crypto market sentiment — and the session felt more like hesitation than conviction. Late-session selling flipped the short-term structure heavier: in the most recent hour DOGE slid below $0.1243, a prior intraday support, and sellers defended that area on the bounce, turning it into near-term resistance. Technically, the picture is mixed. Higher timeframes still show sideways consolidation, but intraday charts suggest sellers are increasingly active on rallies. The late pullback toward the bottom of the range signaled fading upside momentum after the earlier volume-led pop failed to attract follow-through buying. What traders are watching now: - $0.1243: Key short-term pivot — reclaiming it would neutralize the recent breakdown and could set up a retest of $0.1255. - $0.1255: Near-term upside target if bulls regain control. - $0.1222: Critical range floor — holding this level keeps DOGE range-bound and choppy. - $0.12: A break below $0.1222 would ramp up downside risk toward $0.12, and a decisive move under that mark would likely resolve the consolidation to the downside. For now, DOGE appears stuck in a wait-and-see phase. Volume behavior will likely be the decisive factor: sustained buying on higher volume would fuel another attempt at escape, while continued thin, sell-on-rally action points to a deeper correction. Read more AI-generated news on: undefined/news

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