Dogecoin surged through key resistance levels, posting its strongest breakout in weeks as institutional-sized flows returned to the memecoin sector. The move was confirmed by an explosive 1.37 billion token volume spike, signaling robust bullish momentum.
Session highlights:
• DOGE jumped 8%, from $0.1359 to $0.1467 over 24 hours
• Trading volume soared to 1.37B tokens—242% above the 24-hour average
• The breakout coincided with broader meme coin strength following ETF developments
• DOGE registered a 9.3% intraday range, with multiple higher lows confirming accumulation
• Key resistance at $0.1475–$0.1480 was tested amid heavy institutional activity
The technical structure flipped decisively bullish as DOGE broke above a multi-session ceiling, establishing consecutive higher lows from the $0.1347 base. The breakout candle at 15:00 offered the clearest volume confirmation of the month, pointing to institutional accumulation rather than retail-driven volatility.
The $0.1475–$0.1480 range aligns with the upper boundary of DOGE’s short-term ascending channel. A decisive move above this level could open the path toward the next high-liquidity target between $0.1500 and $0.1520. Multiple hourly candle closes above previous resistance reinforced the structural shift.
Momentum indicators continue to favor bulls. Volume profile analysis shows a strong node forming between $0.145–$0.147, indicating a solid foundation of buy-side support. The rejection wick at $0.1477 suggests supply absorption—a classic setup for a secondary push. Elevated hourly volumes above 17.4M reinforce the sustained institutional presence needed for continuation.
DOGE opened near $0.1359 and climbed steadily through midday consolidation. The explosive move began at 15:00 with a 1.37B token surge, driving the price from $0.1419 to $0.1477 within minutes. The session high at $0.1477 formed just below the resistance zone, with late trading stabilizing around $0.1467.
A confirmed higher low at $0.1347 established a new structural support level. Hourly data afterward showed persistent buying, including a sharp 02:12 spike above 17.4M tokens, pushing DOGE through the $0.1475 zone before briefly consolidating. The token closed within striking distance of the $0.148 resistance band, signaling potential for further upside
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