Dogecoin Up 12% In 24 Hours: The Start Of The DOGE Comeback?

Dogecoin (CRYPTO: DOGE) is up over 12% over the past 24 hours, as buyers defended a key demand zone and halted a multi-day losing streak.

Buyers Defend Long-Term Support Zone

DOGE Price Action (Source: TradingView)

The daily chart shows that Dogecoin remains trapped below a descending trendline stretching from the early-October highs.

Every attempt to reclaim major EMAs has failed so far.

These EMA’s, clustered between $0.185 and $0.214, form a thick resistance ceiling that price must break to confirm a trend reversal.

Despite today’s rebound, sellers have controlled most rallies over the past month.

Each short-term bounce into the moving averages met heavy selling, sending DOGE back to the $0.150–$0.158 liquidity band …

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