DOGE Rebounds with ‘Higher Highs’ Pattern, Signaling Temporary Relief for Bulls

Dogecoin Breaks Out as Bulls Defend Support Amid Broader Market Shakeout

Dogecoin (DOGE) showed notable resilience during a volatile start to the week, rising 4.29% to hit $0.180, even as liquidations rippled through the crypto market following geopolitical escalations between Israel and Iran.

While much of the altcoin space dipped under pressure, DOGE maintained a steady bid, fueled by strong network activity, renewed DeFi integration, and technical strength.

📰 Why It Matters

Despite a $1.2B market-wide liquidation, DOGE held key levels and pushed through resistance at $0.177, showing relative strength against peers.
The move coincides with Elon Musk’s recent promotion of Base, where wrapped DOGE is now being used in DeFi apps—adding fresh relevance to the asset.
Ongoing speculation around a DOGE ETF—with odds hovering near 51% for 2025 per Polymarket—continues to drive whale interest and short-term positioning.
Daily active addresses and on-chain volume are holding above 2024 averages, a sign of sticky user activity despite macro uncertainty.

📊 Technical Picture

Trend: Higher-highs, higher-lows structure holding firm
Support: $0.168 remains the key floor; breakdown could trigger deeper losses
Resistance: DOGE met sellers near $0.180–$0.181 (head-and-shoulders pattern observed)
Volume Spike: Over 400M units traded, with notable bursts confirming resistance break
Network Health: $1.05B turnover; steady transaction throughput supports bullish bias

🔎 Market Takeaway

DOGE’s breakout above resistance, sustained on strong volume during a risk-off macro backdrop, signals potential for continued upside—especially if the market stabilizes post-FOMC. Bulls will now look to hold the $0.175–$0.177 range as a new support zone.