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Dogecoin rose after moving above $0.0920 and breaking a bearish trend line near $0.0935 on the hourly chart. The meme coin later touched $0.0957 before trimming part of the move. Even so, DOGE kept trading above $0.0925 and its 100-hour simple moving average.
At the same time, DOGE whale accumulation and derivatives data added new focus to its short-term path.
Dogecoin started a fresh advance after settling above $0.0920. The move followed the strength seen in Bitcoin and Ethereum, which also pushed higher during the same period. Soon after, DOGE broke above a bearish trend line with resistance at $0.0935. Buyers then lifted the price above $0.0940 and drove it to a local high of $0.0957.
Since then, the token has given back part of those gains. It slipped below the 23.6% Fibonacci retracement of the move from $0.0897 to $0.0957.
Still, the price remains above the $0.0925 zone. It also holds above the 100-hour simple moving average, which keeps the short-term structure intact.
On the upside, immediate resistance stands near $0.0950. The first major barrier for bulls sits slightly higher at $0.0955. Beyond that, traders are watching the $0.0980 level. A close above that area could open the door to $0.1020.
If momentum keeps building, DOGE could then target $0.1050. The next major upside level stands near $0.1120. Meanwhile, hourly indicators show mixed signals. The MACD remains in bullish territory, but it has started losing momentum.
The RSI stays above 50, which points to ongoing buying strength. Even so, the market still needs a decisive move through resistance to confirm the next leg higher.
Between March 18 and March 21, 2026, large DOGE holders accumulated 470 million tokens. That buying came while retail sentiment remained weak. Analysts following the trend say DOGE could move toward $0.15 if accumulation continues. That would mark a gain of about 67% from current trading levels.
The scale and timing of the buying drew attention. Large holders do not often buy heavily during a geopolitically driven downturn without a clear market view. In a separate update, analyst Ali Charts said 28 billion DOGE moved at $0.074. That level now stands as one of the coin’s most important support zones.
So, can whale buying and technical strength push DOGE through resistance before short-term caution takes control?
Also Read: Dogecoin News Today: DOGE Holds $0.10 as Analysts Eye Higher Resistance
CoinGlass liquidation data shows $12.37 million in short positions clustered at $0.0928. On the downside, $4.13 million in long positions sit at $0.0892. That setup leaves traders watching the $0.0928 area closely. If DOGE reaches that level with strong momentum, forced short liquidations could speed up the move higher.
At the same time, the Long/Short Ratio stands at 0.9504. That reading shows short positions still slightly outweigh longs. On the downside, initial support sits near $0.0928. The next major support appears at $0.0920, near the 61.8% Fibonacci retracement level.
Below that, the main support rests at $0.090. A break under $0.090 could send DOGE toward $0.0880 or even $0.0865 in the near term.
Dogecoin price remains above key support after breaking a bearish trend line, while whale accumulation and liquidation data keep traders focused on the next move. Resistance stands near $0.0955 and $0.0980, while support sits at $0.0920 and $0.090. Traders should watch whether buying strength can sustain a breakout.
