Dogecoin (
$DOGE ) Market Update: Rally Cools After 10% Drop, Key Support at $0.091 in Focus
$DOGE is trading near $0.0931**, down **10.3%** in 24 hours after spiking to **$0.1042 on September 22 . The pullback came as traders locked in profits following a week-long rally that pushed the token to its highest level since June .
Key Support: The $0.09117** low from September 23 held during the sell-off, and a rising trendline from September 19 remains intact . **$0.091 is the critical line—a break below could open downside toward $0.084 .
Bullish Signals: Spot DOGE ETFs recorded $1.2M in net inflows**, passing **$2M this week after three weeks of zero flows . Whales accumulated 240 million
$DOGE between September 9-14 during the dip . Top Binance traders hold a 2.30 long/short ratio, and $5.66M in shorts were liquidated on September 21 .
Key Resistance: $0.09788** is the immediate hurdle—a 4H
close above this with volume could target **$0.10445 .
Binance Trade Setup: The structure favors bulls if $0.091** holds. Consider a **cautious long** on a confirmed bounce from **$0.091–$0.093** with volume, targeting **$0.098–$0.104**, stop below **$0.089. DYOR—leverage cuts both ways.
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