Dogecoin steadied above key support as institutional flows anchored liquidity. Buyers repeatedly defended the $0.229–$0.230 floor while rejection volume capped upside at $0.234.

A late-session push showed momentum building, but conviction remains tethered to whether DOGE can sustain closes beyond resistance.

News Background

DOGE advanced 1.6% between Sept. 30, 9:00 AM and Oct. 1, 8:00 AM, recovering from a $0.227 low to close at $0.234. Institutional desks dominated flows, defending the sub-$0.230 zone during Asian and European hours.
Resistance materialized at $0.234, where volumes exceeded the 24-hour average of 248.7 million tokens.
Analysts said the session reflected growing institutional presence in a market once defined by retail participation.

STORY CONTINUES BELOW
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Author: Shaurya Malwa

Coindesk

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