Eseandre Mordi
⬤ Dogecoin posted a volatile midweek swing, climbing from the low $0.09 area to roughly $0.105 before profit-taking kicked in. The move looked like a V-shape recovery that extended into a brief pump, then reversed sharply. On the DOGEUSDT 30-minute chart, the last price prints near $0.0989, putting DOGE back below the key $0.10 psychological level. For context on what led into this move, Dogecoin Tests $0.09 to $0.10 Daily Support After Liquidity Sweep covers the prior setup.
⬤ The chart shows the surge topping near $0.105 before unwinding in a quick retracement. Price repeatedly interacts with the $0.10 band, which acts as a key intraday reference point throughout the session. After peaking, DOGE returned to a tighter range below $0.10, a sign the rally failed to hold above prior resistance. The structure is a classic impulse leg up followed by lower highs during the fade, typical of momentum that cools off fast. Dogecoin Hovers Near $0.10 EMA, Eyes $0.12 Breakout puts the $0.10 level in a wider technical context.
Kept pumping to $0.105 - then reversed. The $0.10 level is doing a lot of work here as both the magnet and the ceiling.
⬤ Quick rallies that fail around major round numbers set the tone for near-term sentiment. If DOGE stabilizes and reclaims $0.10, the recent $0.105 spike becomes the nearest reference for renewed upside attempts. If it stays capped below, the move risks being read as a relief pop inside broader consolidation. Either way, the outcome likely depends on whether the wider crypto market can generate another leg up. Dogecoin Nears Breakout After Long Consolidation, Target Zone $0.14 to $0.18 outlines what a sustained recovery could look like if bulls manage to hold the line.
Eseandre Mordi
