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Dogecoin Posts Strongest Move in Weeks. Is $0.15 the Next Target?

2025/12/03 14:00
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Dogecoin Posts Strongest Move in Weeks. Is $0.15 the Next Target?

Key resistance levels were tested, with momentum indicators supporting continued bullish movement.

By Shaurya Malwa, CD Analytics
Updated Dec 3, 2025, 6:00 a.m. Published Dec 3, 2025, 6:00 a.m.
(CoinDesk Data)

What to know:

  • Dogecoin surged 8% as institutional flows returned, marking its strongest breakout in weeks.
  • The token's volume soared to 1.37 billion, significantly above the 24-hour average, signaling institutional accumulation.
  • Key resistance levels were tested, with momentum indicators supporting continued bullish movement.

Dogecoin ripped through long-standing resistance with an explosive 1.37B volume surge, marking its strongest breakout in weeks as institutional-size flows returned to the memecoin sector.

News Background

• DOGE jumped 8% from $0.1359 to $0.1467 during the 24-hour session
• Volume soared to 1.37B tokens — 242% above the 24-hour average
• The breakout coincided with sector-wide meme coin strength following ETF developments
• DOGE printed a 9.3% total trading range with multiple higher lows confirming accumulation
• Key resistance at $0.1475–$0.1480 was tested as institutional flows dominated intraday volume

STORY CONTINUES BELOW
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Technical Analysis

The technical structure flipped decisively bullish as DOGE broke above its multi-session ceiling while printing consecutive higher lows from the $0.1347 base. The breakout candle at 15:00 triggered the clearest volume confirmation of the month, with 1.37B tokens signaling institutional accumulation rather than retail-driven volatility.

The breakout level at $0.1475–$0.1480 aligns with the upper boundary of DOGE’s short-term ascending channel, meaning clearing this zone opens a path toward the next high-liquidity band at $0.1500–$0.1520. Multiple hourly candles posted clean closes above prior resistance levels, reinforcing the structural shift.

Momentum indicators support continuation. Volume profile analysis shows a strong node forming between $0.145–$0.147, indicating bulls built a firm foundation. The rapid rejection wick at $0.1477 suggests supply absorption rather than reversal — a typical precursor to a secondary push. Elevated hourly volumes above 17.4M reinforce the sustained institutional presence necessary for follow-through.

Price Action Summary

DOGE opened near $0.1359 before lifting steadily through midday consolidation. The explosive move began at 15:00 during a 1.37B volume burst, sending price from $0.1419 to $0.1477 within minutes. The session high at $0.1477 formed just beneath the resistance band, with late trading stabilizing around $0.1467.

A confirmed higher low at $0.1347 established the new structural support level. Subsequent 60-minute data showed persistent buying, including a sharp 02:12 spike above 17.4M that propelled DOGE through the $0.1475 zone before briefly consolidating. The token closed within striking distance of the $0.148 resistance band.

What Traders Should Know

• Clearing $0.1475–$0.1480 remains the key signal for continuation into $0.1500–$0.1520
• Elevated volume above the 1B+ threshold is needed to maintain breakout momentum
• $0.1347 is now the critical downside invalidation level for short-term bullish setups
• Breakout structure supports upside bias, but failure to clear $0.148 may trigger corrective pullback to $0.142–$0.144
• Meme-sector flows and ETF speculation continue to act as secondary catalysts in DOGE’s volatility cycle

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Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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