Dogecoin Rallies From Weekend Slump as Heavy Volume Confirms Support
Dogecoin rebounded sharply after sliding to $0.143 over the weekend, surging back above $0.153 as strong trading volume helped establish critical support and reignited bullish sentiment.
The weekend’s volatility saw DOGE swing by 9.1% in a single day. While selling pressure initially pushed prices lower, buyers stepped in forcefully around $0.145—a level that held firm even amid the broader market turbulence.
Volume Spikes Signal Renewed Buying Interest
Trading volumes exploded during the 13th and 14th trading hours of the session, reaching over five times the daily average as DOGE plunged and rapidly recovered. This surge in activity underscored significant demand and cemented $0.145 as a key support level.
In the final hour, Dogecoin advanced from $0.152 to $0.153, breaking above the key $0.153432 resistance just after 04:58. Another surge in volume arrived at 05:11, with 10.7 million DOGE changing hands and lifting prices to new local highs.
Macro Forces Keep Markets on Edge
The rebound comes amid lingering macroeconomic uncertainty, with inflation risks, Federal Reserve policy speculation, and geopolitical tensions—including rising global trade conflicts—continuing to weigh on risk assets.
Despite these headwinds, Dogecoin’s quick recovery stands out among altcoins, suggesting confidence from traders eager to buy dips.
Technical Outlook: Positive Signals Emerging
- DOGE dipped from $0.157 to $0.143 before rebounding to $0.153—a 9.1% daily range.
- Trading volumes during the drop and rebound spiked to over five times the average.
- Higher lows formed from $0.145 to $0.152, signaling an emerging uptrend.
- A breakout above $0.153 occurred just after 04:58, supported by strong volume.
- A subsequent volume burst at 05:11 (10.7M DOGE) added momentum.
- DOGE consolidated above $0.152 into the close, pointing to potential further gains.
- Immediate resistance lies between $0.155 and $0.158, with $0.145 remaining critical support.
Dogecoin’s rebound and volume-driven breakout indicate growing optimism and suggest the meme coin could continue higher if buying momentum persists in the sessions ahead.

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