Dogecoin Price Action: New Trading Range ?DOGE / USDTMEXC:DOGEUSDTCoinJarDogecoin price action has recently found a reaction from the higher-timeframe support region around $0.08. This area carries several technical confluences, including weekly support, the 0.618 Fibonacci retracement, and VWAP, making it an important zone to monitor as price develops. As long as price remains above this support region, the current structure leaves room for a potential rotation toward the higher-timeframe resistance area around $0.09. However, any move toward resistance would still require sustained buying interest and confirmation from price action. For now, DOGE appears to be trading within a defined range between approximately $0.08 support and $0.09 resistance. This suggests that price may continue to rotate within these boundaries while neither side establishes clear control. A decisive break from the range, particularly one supported by meaningful volume and sustained acceptance beyond the breakout level, would provide greater clarity on the next directional move. Until then, both support and resistance remain relevant, with the reaction around $0.08 being an important factor in determining whether the current range structure remains intact. ---------------------------------------------------------------------------------------------- UK residents: Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more: coinjar.com/uk/risk-summary The article is an opinion expressed by the author at a point in time and does not represent the views of CoinJar UK Limited or CoinJar Australia Pty Ltd. Take care to consider the date of this article and be aware that this opinion is based on circumstances at the time of publishing. No responsibility or liability is accepted for any errors of fact or omission expressed therein. Past performance is not a reliable indicator of future results. This above article is not to be read as investment, legal or tax advice and it takes no account of particular personal or market circumstances; all readers should seek independent investment advice before investing in cryptocurrencies. We recommend you obtain financial advice before making a decision to use your credit card to purchase cryptoassets or to invest in cryptoassets.In the UK, it's legal to buy, hold, and trade crypto, however cryptocurrency is not regulated in the UK. It's vital to understand that once your money is in the crypto ecosystem, there are no rules to protect it, unlike with regular investments. You should not expect to be protected if something goes wrong. So, if you make any crypto-related investments, you're unlikely to have recourse to the Financial Services Compensation Scheme (FSCS) or the Financial Ombudsman Service (FOS) if something goes wrong. ---------------------------------------------------------------------------------------------- EU residents: Warning: If you invest in this product, you may lose some, or all, of the money you invest. The value of crypto-assets may rise or fall rapidly. Past performance is not indicative of future results. To learn more see our Risk Disclosures. CoinJar Europe Limited is authorised by the Central Bank of Ireland as a crypto-asset service provider (registration number C496731) ----------------------------------------------------------------------------------------------