Dogecoin Price Holds in Tight Range as Late Selling Pressures Short-Term Momentum

Dogecoin (DOGE) edged modestly higher over the past 24 hours, but the move lacked conviction as late-session selling weighed on short-term price structure and kept the meme coin locked in consolidation. The price action reflected broader cryptocurrency market sentiment rather than any Dogecoin-specific catalyst, reinforcing the view that traders remain cautious while awaiting clearer directional signals.

DOGE traded as a proxy for the wider crypto market throughout the session, with activity defined more by hesitation than momentum. Early optimism briefly lifted prices, but follow-through buying failed to materialize. As the session progressed, volumes thinned and price action flattened, signaling uncertainty among both bulls and bears. By the final stretch, sellers stepped in, pushing Dogecoin back below an important intraday level and reinforcing the idea that recent rallies are being used to reduce exposure rather than establish new long positions.

Over the 24-hour period, Dogecoin rose roughly 0.6%, moving from around $0.1228 to $0.1246. Despite the uptick, price remained confined to a narrow range of about 3%. An early burst of trading volume helped DOGE briefly push above $0.1230, but that strength faded quickly. The lack of sustained buying interest left the token drifting sideways near the upper end of the range before a late pullback dragged it lower, signaling weakening upside momentum.

From a technical perspective, Dogecoin remains range-bound, but short-term charts suggest sellers are becoming more active. A recent dip below $0.1243, previously a short-term support level, has turned that area into near-term resistance. While the broader consolidation structure remains intact on higher timeframes, intraday price action points to growing downside pressure.

Traders are closely watching key levels. Initial support sits near $0.1222, followed by the psychological $0.12 mark. On the upside, resistance is seen at $0.1243 and then $0.1255, the prior intraday high. As long as support holds, DOGE is expected to remain choppy and range-bound. A break below $0.12, however, could signal that consolidation is resolving lower, opening the door to a deeper corrective move.