Dogecoin price is trading near $0.1036 after a modest 0.61% gain in the last 24 hours. The price is capped below the $0.11 resistance, with movement confined between $0.107 and $0.1093. DOGE is still down 31.68% over the past 30 days and 7.78% year-to-date, reflecting broader bearish pressure. The trading volume stands at $1.86 billion, while the market capitalization is trading at $17.19 billion. A breakout above $0.11 could open the door to short-term upside, while a rejection could keep DOGE consolidating.
DOGE Holds Key Support Zone, Preparing for Recovery Toward $0.150
Analyst BitGuru shared his insights on DOGE, which is holding firm around the $0.105–$0.110 support zone after a notable liquidity sweep, suggesting sell-side pressure has been largely absorbed. This base is a structural demand area, and continued defense here increases the probability of price stabilization rather than further breakdown. Short candles and slowing momentum reflect a market transitioning from distribution into consolidation.
As long as the price stays above $0.105, DOGE has room to build strength for a recovery move. The first upside challenge sits near $0.135, where prior reactions show supply entering the market. A clean break above this level could open the path toward $0.150, a major resistance level that would confirm a shift from consolidation to a renewed bullish phase.
Dogecoin Price Shows Continued Downtrend With Weak Momentum
Dogecoin is in a clear downtrend on the 1-day timeframe, with price consistently printing lower highs and lower lows. The market has been grinding lower since the previous peak, and recent candles show weak bounce attempts near $0.10, indicating sellers still control the broader structure despite short-term stabilization.
Looking at the technical indicators, the Relative Strength Index (RSI) is below 40 and recently dipped into oversold territory, suggesting bearish momentum with limited buying strength. CMF remains slightly negative, suggesting capital is still flowing out of DOGE, although the flattening reading hints that selling pressure may be easing rather than accelerating.
Source: https://coinpaper.com/14299/dogecoin-price-struggles-below-resistance-as-analysts-eye-0-150-recovery-path
