Dogecoin Eyes $0.1080 as Price Holds Above $0.10: What Do Investors Say?

DOGE Breakout Keeps Focus on Key Resistance and Support Levels
Dogecoin Eyes $0.1080 as Price Holds Above $0.10: What Do Investors Say?
Written By:
Yusuf Islam
Reviewed By:
Sankha Ghosh
Published on

Dogecoin extended its rebound after holding above $0.0950 and moving higher alongside Bitcoin and Ethereum. The token cleared $0.0980, broke a bearish trend line near $0.0942, and briefly moved above $0.10. It later touched $0.1061 before giving back part of the move. Even after that pullback, the price remained above $0.10 and the 100-hour simple moving average.

Breakout Lifts DOGE Above $0.10

The move gained traction once Dogecoin pushed through the $0.0980 resistance zone. That break shifted the short-term structure and opened the way for a stronger advance. Buyers then forced a move through a descending trend line that had capped price action near $0.0942 on the hourly chart.

From there, the price climbed above $0.10 and reached a local high of $0.1061. That rally marked a sharp swing from the $0.0910 low. The rise also placed Dogecoin in a stronger technical position than it held earlier in the session.

The price then pulled back from the peak. It slipped below the 23.6% Fibonacci retracement of the move from $0.0910 to $0.1061. Still, the broader setup did not fully break down, as DOGE continued to trade above both the $0.10 area and its 100-hour average.

Read More: Will Dogecoin (DOGE) Repeat History with Third Base Pattern in 2026?

Traders Watch the Next Resistance Zones

On the upside, the first nearby resistance stands at about $0.1028. Above that, traders are watching the $0.1050 level, which now acts as the first major test for bulls. If buyers regain control there, the latest pullback may prove brief.

NewsBTC said the next major resistance sits near $0.1080. A close above that level could send the price toward $0.1120. If momentum holds, the next upside targets come in near $0.120 and then $0.1220.

On the other hand, a failure to reclaim $0.1050 could invite more selling. Initial support remains near $0.10. Below that, the next major support appears around $0.0988, close to the 50% Fibonacci retracement of the recent advance.

The deeper floor remains at $0.0950. If that level gives way, the price could slide toward $0.0920. A sharper move lower could even bring $0.090 back into view in the near term.

DOGE Acronym Reappears in a Political Fight

Away from the token’s chart, the term “DOGE” also surfaced in a separate political discussion. Former Transportation Secretary Pete Buttigieg criticized the Department of Government Efficiency in a Reason Interview podcast, calling it a missed chance to make government work better.

He said the effort failed to deliver meaningful reform despite its stated goal of cutting $2 trillion in spending. The text said the savings figure only reached the single-digit billions at best. That gap between promise and result drew fresh scrutiny.

Read More: Will Dogecoin Recover or Drop to $0.06? Market Analysts Weigh in

The same report said DOGE and Elon Musk, its main public advocate, faced criticism because many targets appeared tied to a right-wing agenda rather than a strict budget focus. Reason’s Christian Britschgi also wrote that the initiative’s “wall of receipts” contained errors and accounting gimmicks.

One example in the text described an $8 million Immigration and Customs Enforcement contract that DOGE counted as $8 billion. Buttigieg’s remarks carry added weight because he remains a leading Democrat and a possible presidential contender. The text said he has traveled widely, including to New Hampshire, where a recent poll placed him ahead of other Democratic contenders.

Conclusion

Dogecoin price remains above $0.10 after breaking key resistance and reaching $0.1061. Traders now watch $0.1050 and $0.1080 on the upside, while $0.10 and $0.0950 remain the main support zones. The next move may depend on whether buyers can hold momentum.

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