Bybit data confirmed the token near $0.1042 on Thursday, with a 24-hour range running from $0.1020 to $0.1045 and session volume of roughly $612 million. The market cap sits at about $16.10 billion, leaving DOGE in tenth place by capitalization across all crypto assets.
Jindal Reads The Hourly Setup
Jindal flagged $0.1062 as immediate upside and $0.1075 as the first major test, a level that lines up with the 50% Fibonacci retracement from the $0.1127 high. A clean close above $0.1088 could open a path toward $0.1120, with $0.1150 and $0.1165 as the next stops for bulls.
On the downside, $0.10 remains the line that bulls must defend, and a break below could send the token toward $0.0965 or even $0.0950 in the near term.
The hourly MACD sits in bullish territory, while the RSI holds above 50, suggesting buyers have not lost the short-term battle entirely.
Arman Shirinyan at U.Today pointed to failed breakout attempts near the 200-day moving average and cooling momentum, calling the structure weaker than peers. He added that capital appears to be rotating into infrastructure plays such as Hyperliquid and Zcash, leaving meme assets stuck in consolidation mode.
Recent DOGE Volatility
Dogecoin closed last week above the middle Bollinger Band at $0.105, after breaking out of a long-running $0.095 to $0.10 consolidation range that had capped price action for weeks. The token slipped earlier this week as Bitcoin (BTC) tumbled below $77,000, dragging the wider memecoin sector lower in a risk-off move.
DOGE opened the year near $0.118 and fell to $0.093 by March, before stabilizing in April near $0.090 and rebounding to roughly $0.111 in May. The token now leans on the $0.10 psychological floor as bulls and bears battle over near-term direction.
Alexey Bondarev is the Head of Content at Yellow.com, having reported on crypto for the last 10 years. He specializes in in-depth Research and Learn pieces, with a focus on analytical reporting, industry context, and the bigger forces shaping crypto, from the AI era and security technologies to fintech innovation. He believes that everything digital will imminently overcome everything analogue and is working hard to make that come true.
