“ETF SPECULATION FLOWS THAT COLD RE-ANCHOR MEMECOIN Bids Across Doge and Shib.”, – WRITE: www.coindesk.com
News BackgroundDoge Traded Between $ 0.251 and $ 0.264 from Oct. 2, 04:00 to Oct. 3, 03:00, Posting A 2.7% Net Gain After Navigating Both Intrady Correction and Recovery Prases. Analysts Pointed to Institute Desks As the Dominant Flow Driver, with SBI and ETF Speculation Keeping Broader Bid Interest Intect. Technical Specialists Highlights Highlightd An Emerging Ascending Megaphone Pattern and Hidden Bullish Divergence, Suggesting Potential Upside Remains Despite Short-Term Sell Pressure.
Price Action Summary
- Doge Dipped to $ 0.251 at 14:00 Before Rebounding to $ 0.264 by 21:00.
- Selloff Volumes Peaked at 666m Tokens During the Downturn; The Rebound Phase Drew 414m.
- Support ForMed AT $ 0.251– $ 0.253, While Resistance Consolidated AT $ 0.262– $ 0.264.
- In the Final Hour, Doge Slipped from $ 0.261 to $ 0.260 On A 33.1m Spike, Signaling Institutional Liquidation.
Technical AnalysisKey Support Remains Anchored at $ 0.251– $ 0.253, WHERE Buyers Repeatedly Stepped in. Resistance is Firm AT $ 0.262– $ 0.264, With Reject Capping Rebounds. The Structure Shows Both Resilience and Fraility: Late-Session Liquidation Prints Broke Short-Term Support, Yet Broader Patterns-Including An Ascending Megaphone and Bully. Suggest Potential Continuation Toward $ 0.34 if Buyers Reassert Above $ 0.262.
What Traders Are Watching?
- WHERE DOGE CAN STABILIZE ABOVE $ 0.260 After Late-Session Liquidation.
- A RESTS OF $ 0.251– $ 0.253 Support If Selling Perses Into US Hours.
- Confirmation of Bullish Divergence and Megaphone Breakout Setups, with Upside Targets Toward $ 0.34.
- ETF SPECULATION FLOWS THAT COURCE RE-ANCHOR MEME-COIN Bids Across Doge and Shib.
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Wallet Cohorts Shift from Distribution to Accuumulation as US Investors Show Renewed Bullishness.
- The Aggregate Accuumulation Trend Score Climbed to 0.62, ITS FIRST SUSTAINED READING ABOVE 0.5 Since August, Reinforcing that Demand Is Again Outweight.
- MID-SIZED WALLETS (10-1,000 BTC) Are Firmly in Acccumulation Mode and Retail Traders Are Gradurally Joining in While Whales Remain Source of Selling Pressure.
- Bitcoin Gained Roughly 8% Dringing US Market Hours this Week, UndersCoring Renewed Bullish Sentiment from American Participants.
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