Dogecoin jumps 6% to $0.1058 as DOGE eyes $0.15 amid $0.11–$0.112 resistance
Dogecoin (DOGE) surged over 6% in 24 hours to $0.1058, bringing meme-coin momentum back. Traders are now watching the $0.11–$0.112 resistance zone as the next breakout trigger; a clean break could extend gains toward $0.15. If DOGE fails, the rally may stall.
On the hourly chart, DOGE is back above short- and medium-term moving averages. Momentum looks constructive: RSI is rising toward 70 and MACD leans “buy.” Still, the broader trend is mixed because DOGE remains below the 200-period moving average, leaving longer-term downside pressure not fully resolved.
Weekly framing turns more supportive as DOGE builds a base near a key support trendline and sell pressure eases. Analysts also suggest the prior pullback after the spike may have been driven by liquidation/clearing of high-leverage long positions rather than a fresh bearish trend.
Key levels for DOGE traders: support at $0.095–$0.10, then $0.095 as the critical floor. Upside trigger sits at $0.11–$0.112; a successful breakout on strong volume could set up a push near $0.15460 and then around $0.15.
Bullish
This news is bullish for DOGE in the short term. The price action—up more than 6% to $0.1058—signals renewed demand. Technically, DOGE has reclaimed short- and medium-term moving averages, while RSI rising toward 70 and MACD leaning buy suggest momentum is improving. The weekly view also turns constructive as selling pressure eases and the pullback is framed as liquidation-driven rather than a fresh downtrend.
For traders, the near-term play hinges on the $0.11–$0.112 resistance zone. A sustained breakout on strong volume would likely accelerate upside toward $0.15460 and then around $0.15. Risks remain if DOGE rejects that resistance; in that case, support at $0.095–$0.10 (and especially $0.095) becomes the key area to monitor. Longer-term caution persists because DOGE is still below the 200-period moving average, so bulls may need confirmation to fully shift the broader trend.