Dogecoin Climbs Sharply in Wake of Rollercoaster Weekend Action

Dogecoin Springs Back After Weekend Drop as Traders Find Support Zone

Dogecoin bounced back strongly after plunging to $0.143 over the weekend, recovering above $0.153 as surging trading volumes helped establish firm support and reignite optimism among traders.

The token saw a volatile weekend, swinging 9.1% in a single day. Early selling pressure drove DOGE sharply lower, but aggressive buying near $0.145—an important technical level—halted the slide and sparked a swift reversal.

Volume Spikes Fuel Recovery Momentum

During the 13th and 14th trading hours, DOGE’s trading volumes soared to more than five times the daily average, coinciding with its sharp drop and rapid rebound. The spike confirmed strong demand, solidifying the $0.145 support level.

In the final hour of trading, Dogecoin climbed from $0.152 to $0.153, breaking through the key resistance at $0.153432 shortly after 04:58. Another burst of volume arrived at 05:11, with 10.7 million DOGE changing hands, pushing prices to new intraday highs.

Broader Market Still Facing Headwinds

Dogecoin’s rebound comes amid a challenging macro environment, with investors grappling with inflation fears, uncertainty over Federal Reserve policy, and geopolitical risks, including intensifying global trade tensions.

Yet despite these pressures, Dogecoin has stood out among altcoins, signaling renewed confidence from traders eager to buy the dip.

Technical Picture Signals Potential Upside

• DOGE dropped from $0.157 to $0.143 before rebounding to $0.153—a 9.1% daily range.
• Trading volume surged over 5x the daily average during the selloff and bounce.
• Higher lows formed from $0.145 to $0.152, hinting at a developing uptrend.
• A breakout above $0.153 occurred just after 04:58, confirming bullish momentum.
• A volume spike at 05:11 (10.7 million DOGE) reinforced the rally.
• DOGE held above $0.152 into the session close, suggesting room for further gains.
• Immediate resistance lies between $0.155 and $0.158, while $0.145 remains a critical support level.

Dogecoin’s rebound and volume-driven breakout hint at renewed strength and leave traders watching whether momentum can carry prices higher in the sessions ahead.