What you need to know:
● The decision of the Federal Reserve to lower the interest rate by 25 basis points has caused a mixed reaction in the market, with Dogecoin trading quietly within the established range.
● The price of Dogecoin remains stable in the range of $0.13 to $0.15, while large holders accumulate significant volumes of this cryptocurrency.
● Despite high trading activity, Dogecoin faces resistance near the $0.1425 mark, and its further movement is likely to depend on sentiments in the broader market.
Dogecoin traded quietly after the Federal Reserve conducted the widely anticipated rate cut, maintaining key support while traders assessed what a softer policy means for risk assets.
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News and Context
The Federal Reserve announced a reduction in its benchmark rate by 25 basis points on Wednesday, lowering the target range to 3.5%–3.75%.
Although this decision marked the third cut of the year, policymakers signaled a rising internal discord.
Some participants supported further easing to protect the weakening labor market, while others warned that additional cuts could reignite inflationary pressure.
The mixed tone limited the immediate continuation of risk appetite in the markets, with cryptocurrency prices stabilizing rather than continuing to rise.
Against this backdrop, Dogecoin continued to show stable activity on the blockchain.
Whale wallets accumulated about 480 million DOGE over the last sessions, and trading activity remained high after the launch of spot ETFs on DOGE by Grayscale and Bitwise.
However, flows related to ETFs have yet to create a sustainable directional momentum.
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Price Movement Overview
● DOGE rose by 0.69% to approximately $0.1405 over the last 24 hours, firmly holding within the multi-week consolidation range of $0.13–$0.15.
● The price fluctuated in the range from $0.1382 to $0.1408 during the session, reflecting subdued participation despite the macroeconomic catalyst.
● Trading volume reached approximately 651.7 million tokens, which is about 7% above the seven-day average, indicating positioning rather than aggressive accumulation.
● Numerous attempts to break through the resistance level around $0.1425–$0.1430 were rejected, while buyers continued to defend the $0.1380 area.
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Technical Analysis
Technically, DOGE remains in a compression phase. Horizontal support at around $0.1380 has withstood multiple tests, reinforcing its significance as the nearest support level.
Momentum indicators remain neutral, consistent with range trading conditions rather than trend development.
The structure still resembles a pennant or coil of volatility, suggesting that a sharper move is likely to occur following a breakout or breakdown, rather than a gradual drift.
As long as the price does not reclaim the upper boundary of the range, attempts to rise are likely to face selling pressure.
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What traders should know
Considering that the Fed's rate cut is already priced in and policymakers are demonstrating uncertainty regarding further easing, DOGE appears to be reacting more to overall risk sentiment than to catalysts related to the token itself.
● Holding above the level of $0.1380 maintains the structure; however, failure to overcome the range of $0.1420–$0.1450 again indicates that the upside potential is currently limited.
● A sustained breakout above this zone will open the way to the range of $0.16–$0.18, while losing the level of $0.1380 will lead to a decline to the lower boundary of the range around $0.13.
● At this point, DOGE remains a tool for consolidation trading in a market that is waiting for and analyzing after the Federal Reserve meeting.
