Dogecoin Sees Renewed Momentum Amid Social Surge and Market Activity.

$DOGE is witnessing a spike in market attention, driven by a notable increase in social mentions and derivatives activity.

Open interest in DOGE futures has surged 16% to $2B, while options volume has skyrocketed over 400% in recent days. Spot market inflows from whales exceeded $8.2M, signaling growing confidence.

The MVRV Z-score has also turned positive, indicating that many holders are now in profit. However, on-chain data paints a mixed picture-daily active addresses and transaction counts have declined significantly.

With DOGE currently trading around $0.12, key resistance levels lie at $0.20 and $0.27 if bullish momentum continues.

◉ DOGE shows a clear downtrend that began after a failed breakout near $0.20073 and $0.20411, followed by a series of consolidation phases and lower highs. The price eventually bottomed out at a major low of $0.14339 before entering a new consolidation range. Recently, DOGE has shown a minor bullish breakout above $0.165, but is now pulling back slightly.

◉ $DOGE is trading at $0.16465, down 2.41% on the day, but showing a short-term recovery after bouncing from the 24h low of $0.16128. The price is approaching local resistance at $0.16480, and if broken, DOGE could retest the 24h high of $0.16917. The 15-minute chart reflects rising momentum with higher lows forming, indicating a possible bullish reversal if volume sustains above the $0.1650 level.

DOGE Weekly Chart Update.

DOGE is forming a large ascending triangle pattern on the weekly — a classic bullish structure!

Holding trendline support around $0.17

Bounced twice off key support zone

Eyes on breakout above $0.25-$0.29

resistance

Targets ahead: $0.35+ if breakout confirms

Breakout or rejection - the next few weeks are crucial. Stay sharp!

$DOGE
{spot}(DOGEUSDT)