Dogecoin (DOGE) staged a recovery from the $0.1020 zone but hit resistance near $0.1075, with sellers blocking further upside on the hourly chart.
Dogecoin Price Hits $0.1075 Wall
The memecoin climbed off the $0.1020 floor and pushed through the $0.1035 and $0.1040 resistance levels, according to chart data.
The bounce broke a bearish trend line on the DOGE/USD hourly chart, with Kraken pricing the move just above the 23.6% Fibonacci retracement of the slide from the $0.1127 swing high to the $0.1021 low.
The pair is now trading below $0.1075 and the 100-hourly simple moving average, keeping bears in short-term control.
Bybit data confirmed the token near $0.1042 on Thursday, with a 24-hour range running from $0.1020 to $0.1045 and session volume of roughly $612 million. The market cap sits at about $16.10 billion, leaving DOGE in tenth place by capitalization across all crypto assets.
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Jindal Reads The Hourly Setup
Jindal flagged $0.1062 as immediate upside and $0.1075 as the first major test, a level that lines up with the 50% Fibonacci retracement from the $0.1127 high. A clean close above $0.1088 could open a path toward $0.1120, with $0.1150 and $0.1165 as the next stops for bulls.
On the downside, $0.10 remains the line that bulls must defend, and a break below could send the token toward $0.0965 or even $0.0950 in the near term.
The hourly MACD sits in bullish territory, while the RSI holds above 50, suggesting buyers have not lost the short-term battle entirely.
Arman Shirinyan at U.Today pointed to failed breakout attempts near the 200-day moving average and cooling momentum, calling the structure weaker than peers. He added that capital appears to be rotating into infrastructure plays such as Hyperliquid and Zcash, leaving meme assets stuck in consolidation mode.
Recent DOGE Volatility
Dogecoin closed last week above the middle Bollinger Band at $0.105, after breaking out of a long-running $0.095 to $0.10 consolidation range that had capped price action for weeks. The token slipped earlier this week as Bitcoin (BTC) tumbled below $77,000, dragging the wider memecoin sector lower in a risk-off move.
DOGE opened the year near $0.118 and fell to $0.093 by March, before stabilizing in April near $0.090 and rebounding to roughly $0.111 in May. The token now leans on the $0.10 psychological floor as bulls and bears battle over near-term direction.
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