đ $DOGE Price May Not Surge Past 33B DOGE Key Resistance- CoinGape
đ Dogecoin Price Outlook
Dogecoin has shown bullish signs since last Monday's crash but faces resistance at $0.11. A large supply of 32.6 billion DOGE from 17,300 addresses between $0.1101 and $0.1119 could challenge further gains.
đ Resistance & Support
DOGE sits above $0.1 support, with a strong buyer zone at $0.1 holding 9.2 billion DOGE. Dropping below $0.1 may trigger a sell-off, with potential liquidity zones at $0.09 and $0.08.
đ Market Data
Futures open interest is down 0.85% to $483 million, and volume has dropped 31.8% to $991 million, signaling possible bearish trends.
đź Forecast
A daily close above $0.1 could attract more bullish interest. Day traders might target $0.11 while waiting for confirmation of an uptrend. Be cautious if DOGE falls below $0.1.