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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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Glassnode and Fasanara’s year-end report shows record inflows, rising realized cap, and falling volatility, suggesting the latest pullback is a mid-cycle reset rather than the start of a long downturn. Present market dynamics point to a mid-cycle pullback rather than a full-blown crypto winter, Glassnode and Fasanara argued.

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