Dogecoin has started a recovery wave after finding support near $0.1020, climbing above $0.1040 and breaking a bearish trend line on the hourly chart. The move suggests short-term momentum is shifting, but the cryptocurrency still trades below the $0.1075 level and its 100-hourly simple moving average.
What's blocking the rally
The immediate upside hurdle sits at $0.1062, with the first major resistance at $0.1075 — that's the 50% Fibonacci retracement of the drop from $0.1127 to $0.1021. From there, the next levels to watch are $0.1088, $0.1120, $0.1150, and $0.1165. If DOGE can't push through $0.1075, the recovery could stall.
Where support lies
On the downside, initial support is at $0.1040, then back at $0.1020. The main floor sits at $0.10. A break below that would open the door to $0.09650 or even $0.0950 — levels not seen since early this year.
Technical signs improve
The hourly MACD is gaining momentum in bullish territory, and the Relative Strength Index has moved above 50. Both indicators point to growing buying pressure, though neither guarantees a breakout above $0.1075. Traders will be watching whether DOGE can clear that level in the next few sessions — or whether it slips back toward support.
