Dogecoin powered through key resistance levels in its strongest move in weeks, driven by a 1.37 billion token volume surge that signals renewed institutional interest in the memecoin sector. Technical indicators suggest momentum remains firmly bullish.
Highlights from the session include:
• DOGE climbed 8%, from $0.1359 to $0.1467 in 24 hours
• Trading volume jumped to 1.37B tokens—242% above the daily average
• Sector-wide meme coin strength followed recent ETF developments
• DOGE posted a 9.3% intraday range with multiple higher lows confirming accumulation
• Key resistance at $0.1475–$0.1480 was tested as institutional flows dominated
The technical structure turned decisively bullish as DOGE cleared its multi-session ceiling, forming higher lows from a $0.1347 base. The breakout candle at 15:00 offered the strongest volume confirmation of the month, indicating institutional accumulation rather than retail-driven volatility.
The $0.1475–$0.1480 resistance aligns with the upper boundary of DOGE’s short-term ascending channel. Surpassing this zone could open the path to the next high-liquidity target at $0.1500–$0.1520. Multiple hourly closes above prior resistance levels reinforced the bullish shift.
Momentum remains supportive. Volume profile analysis highlights a strong node between $0.145–$0.147, signaling a solid base for continued buying. The rejection wick at $0.1477 suggests supply absorption, typically a precursor to a secondary rally. Elevated hourly volumes above 17.4M tokens further underline sustained institutional participation.
DOGE opened near $0.1359 and climbed steadily through midday consolidation. The explosive move began at 15:00, with 1.37B tokens traded, lifting the price from $0.1419 to $0.1477 within minutes. The session high at $0.1477 formed just below the resistance band, with late trading stabilizing around $0.1467.
A confirmed higher low at $0.1347 established a new support level. Subsequent hourly data showed persistent buying, including a 02:12 spike above 17.4M tokens that propelled DOGE through the $0.1475 resistance before brief consolidation. The token closed within reach of the $0.148 zone, signaling potential for further upside.
