Dogecoin (DOGE) price has been consolidating after a decline from its recent high near $0.25, with traders monitoring for a breakout.
The daily chart and RSI suggest a potential accumulation phase, hinting at the next move up or down for DOGE.
Key support for DOGE is at $0.1623, with resistance levels at $0.17, $0.20, and potentially up to $0.23–$0.25 if bullish momentum continues.
Traders are advised to watch for a break above $0.17 as a signal of a short-term trend reversal and to monitor RSI trends closely for DOGE's direction in July.