Dogecoin Gains Over 15% As Bulls Eye Another Strong Rally Move

Dogecoin gains over 15% as DOGE trades near $0.1136, with bulls watching $0.13153 resistance and key support near $0.105.

Dogecoin gained more than 15% from its recent low area, as buyers pushed the meme coin back toward a key recovery zone.

DOGE traded near $0.1136 on the daily chart, while traders watched whether bulls could extend the move toward $0.13153.

Dogecoin Gains Over 15% From Recent Low

Dogecoin showed renewed strength after rebounding from its latest low zone. The token traded around $0.1136 against the U.S. dollar on the daily chart.

The move followed a period of weak price action across the meme coin market. Buyers returned near support, and DOGE recovered more than 15%.

The short-term chart now shows stronger demand. However, DOGE still trades below the main Fibonacci retracement zone.

The key level for the current setup is $0.13153. A daily close above that level would improve the recovery structure.

Market analysts said Dogecoin is “getting ready for another bullish rally.” The claim is based on improving momentum and recent price action.

However, the broader trend remains unconfirmed. DOGE must clear nearby resistance before a larger rally can be confirmed.

DOGE Bulls Target Key Fibonacci Levels

The current Dogecoin chart uses a major range from $0.30110 to $0.13153. DOGE remains below the lower point of that range.

This means the latest move is still a recovery attempt. It has not confirmed a full bullish reversal on the daily chart.

The first upside target remains $0.13153. If DOGE clears that level, traders may watch $0.150 next.

The next major Fibonacci resistance sits near $0.16782. A move above that price could place DOGE back inside the larger retracement range.

Further resistance is seen at $0.19631 and $0.21631. Higher levels include $0.23632, $0.26108, and $0.30110.

Support remains important during the current rebound. Near-term support sits between $0.105 and $0.110.

A break below that area could slow the rally. It could also bring the $0.095 to $0.100 zone back into focus.

A deeper move below $0.095 would weaken the short-term setup. Lower support could sit near $0.085 to $0.090.

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Momentum Signals Support Recovery Attempt

Dogecoin’s RSI was near 65.43 on the daily chart. The smoothed RSI stood near 67.67.

These readings show better buying pressure after the recent rebound. They also show DOGE near the upper part of its recent momentum range.

The MACD also turned more constructive. The MACD line was slightly above the signal line.

The histogram was close to positive territory. This shows that bearish pressure has eased, but momentum remains early.

Traders may look for stronger volume and steady daily closes above support. Those signals could support another rally attempt.

For now, DOGE bulls need to defend the $0.105 to $0.110 support area. They also need to push the price toward $0.13153.

The broader Dogecoin trend remains mixed until that level is reclaimed. A daily close above it could support a move toward $0.150.

A stronger breakout above $0.16782 would show a wider recovery attempt. Until then, Dogecoin remains in a rebound phase below key resistance.

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