Dogecoin (DOGE) surged 5.22% in daily trading, climbing to approximately $0.2519 and testing crucial resistance levels at $0.24544 and $0.2534. The move signals strengthening bullish momentum as buyers attempt to push the meme cryptocurrency into new price territories.
Technical charts reveal a brief false breakout above $0.2571 on hourly timeframes, indicating persistent seller activity in this zone. This resistance area remains a critical battlefield between buyers seeking upward continuation and sellers aiming to cap gains.
Market analysts suggest sustained buying pressure could propel DOGE beyond the $0.26-$0.27 range, potentially triggering a bullish extension. A decisive close above the $0.2534 resistance would likely open a path toward higher targets between $0.28 and $0.30.
The midterm technical structure points to attainable upside potential toward the $0.28-$0.30 band should DOGE overcome present resistance barriers, signaling renewed investor confidence in the asset’s near-term trajectory.