Dogecoin Rev through resistance to massive influx and waves 11% in 24 hours to challenge the threshold of $ 0.22. Institutional desks brought breakout and pushed volume to four times the daily average as momentum indicators flipped decisively bullish. Dealers are now looking at for confirmation over $ 0.22 to extend gains against $ 0.24- $ 0.25.
News Background
Doge’s 11% rally unfolded from October 12, 05:00 to 13 October 04:00, where he climbed from $ 0.19 to $ 0.21 after topping at $ 0.22. The move coincided with an increase in institutional activity and a broader rebound over meme-moins. Analysts quoted increasing open interest and heavy accumulation on the chain as signs of professional currents that re -enter the market.
Summary of Price Action
- DOGE traded a $ 0.02 ribbon, an increase of 11% from its session low.
- Breakout -Momentum hit under 13: 00-16: 00 -window as volumes were spiked to 2.54 b -4 × 685 m daily average.
- Support locked in $ 0.19 after repeated defense; Resistance formed to $ 0.22.
- Consolidation of late session over $ 0.21 gave gains that signaled persistent momentum.
- A last burst over $ 0.22 of 18.6 m volume continued to confirm institutional accumulation.
Technical analysis
Support for $ 0.19 remains the most important structural floor. The resistance sits close to $ 0.22, with several attempts testing the supply. The pattern shows a rising trendline with constructive momentum; MacD and RSI signals remain bullish. Persistent closures over $ 0.22 would target $ 0.24- $ 0.25, while dipped back below $ 0.20 could trigger briefly relax.
Which dealers are looking at?
- Whether DODE can confirm the outbreak with a daily close over $ 0.22.
- Institutional follow -up when the quantities remain increased to weekend commerce.
- Momentum Continuation Against $ 0.24- $ 0.25 Resistance Band.
- Wider meme-coin rotation streams and ETF requirement-supporting mood.
