Dogecoin swings at the intersection - Buyers and sellers clash near the $0.24 resistance level

Dogecoin trading price is USD 0.2331, with different market signals. On-chain data shows that market sentiment is bullish, as market value has soared to more than $34.5 billion recently, and the number of active addresses is consistent with the price trend, which is in line with historic positives. However, technical indicators such as RSI of 73.91 indicate overbought status, analyst Ali Martinez warned that Dogecoin could see a callback due to the TD sequence “9” signal of $0.234-0.235. The key resistance is at $0.235-0.24, a breakout may point to $0.258, and a breakout may fall back to $0.21-0.22 support.