Dogecoin has shown signs of recovery after a sharp drop, stabilizing near $0.157 with increased buying interest.
The recent sell-off was driven by macroeconomic uncertainty, but strong support was found at the $0.151 level.
Analysts highlight the importance of the $0.151 support zone, with potential for a rebound if momentum continues to build.Price has since rebounded to the $0.157 level, forming a short-term consolidation zone. In the most recent session, DOGE printed a series of higher lows, including a small breakout attempt at 06:57 when volume spiked to nearly 8M units. Immediate resistance now sits at $0.157–$0.160, while support remains firm at $0.151.
Technical Analysis Recap
DOGE posted a 7.9% range over 24 hours, falling from $0.164 to $0.151.
Capitulation event at 21:00 drew 828M in volume, confirming $0.151 as major support.
Price rebounded to $0.157, where it’s now consolidating on declining volatility.
Higher lows suggest early accumulation pattern forming.
Resistance zone sits at $0.157–$0.160; bulls need a close above $0.160 for breakout confirmation.
Support at $0.151 backed by extreme volume and V-shaped bounce.
MACD turning positive; RSI neutral at ~48, signaling room for upside if momentum builds.$DOGE