Dogecoin price news: DOGE jumps 5% as breakout flips resistance into support
CoinDesk
Dogecoin jumped after breaking key resistance at $0.0924, which is now acting as short-term support.Summary
Dogecoin (DOGE) experienced a 5% jump, rising from $0.0926 to $0.0944 on significantly higher volume (176% above baseline), after breaking above the key resistance level of $0.0924. This breakout successfully flipped the resistance into short-term support, signaling constructive momentum. The token is currently consolidating between $0.0940 and $0.0945, forming higher lows. Traders view $0.0940 as the immediate defense line for bulls, with upside targets set near $0.0955–$0.0960. A decisive close above $0.0950 would confirm further upside, while a failure to hold $0.0940 risks a pullback toward the structural pivot at $0.0924.
(Source：CoinDesk)