Dogecoin's gain was capped off by a sharp price increase between 11:00 and 13:00, when volume more than doubled to 541 million and 589 million units, respectively.
A robust high-volume resistance zone was formed by the surge between $0.198 and $0.119.
With fresh buyer activity, DOGE's price formed a V-shaped recovery pattern after bouncing sharply off the $0.194 support.
