Dogecoin has started a recovery wave from the $0.0775 support zone, climbing above $0.080 and $0.0820 in recent trading. The move was triggered by a break above a bearish trend line with resistance at $0.0820 on the hourly chart of DOGE/USD, based on Kraken data. The token now trades above $0.0820 and the 100-hourly simple moving average, signaling a shift in short-term momentum.
Resistance cluster at $0.090
Immediate resistance sits near $0.0865, but the more consequential level is $0.090. That price coincides with the 50% Fibonacci retracement of the downward move from the $0.1008 high to the $0.0776 low. A clean break above $0.090 would open the door to $0.0920 as the next major hurdle. Should DOGE close above that, the path could clear toward $0.10.
Bullish signals from MACD and RSI
The hourly MACD for DOGE/USD is gaining momentum in the bullish zone, while the hourly RSI sits above 50. Both indicators suggest buyers are in control for now, at least in the near term. The pair has held above the 100-hour moving average, a level that often acts as dynamic support during uptrends.
Downside risks if rally stalls
If DOGE fails to clear $0.090, a pullback could follow. Initial support stands at $0.0840, with stronger support at $0.0820 — the former resistance line now flipped. A breakdown below $0.0820 would negate the recent breakout and likely send the price sliding toward $0.0775 or even $0.0750.
For now, Dogecoin remains above $0.0820 and the 100-hour moving average. Whether buyers can push through $0.090 in the coming sessions will determine if this recovery has legs or runs out of steam.
