Dogecoin Surges Following a Wild Weekend of Price Swings

Dogecoin Recovers From Weekend Lows as Volume Surge Confirms Key Support

Dogecoin staged a swift recovery after falling to $0.143 over the weekend, rebounding above $0.153 as strong trading volume helped establish a solid support base and renewed bullish sentiment.

The rebound came amid extreme volatility, with DOGE experiencing a 9.1% price swing within 24 hours. Heavy sell pressure earlier in the weekend pushed the token sharply lower, but buyers stepped in aggressively at the $0.145 level — a zone that proved resilient during the worst of the drawdown.

Volume Surge Signals Potential Momentum Shift

Trading activity spiked to more than five times the average during the 13th and 14th trading hours, coinciding with DOGE’s sharp drop and rapid reversal. That volume confirmed significant buyer demand and helped anchor support around $0.145.

In the final hour of the session, DOGE climbed from $0.152 to $0.153, with a technical breakout above $0.153432 occurring just after 04:58. Volume surged again at 05:11 with 10.7 million DOGE traded, reinforcing bullish momentum and lifting the price to a new local high.

Macro Backdrop Adds to Market Pressure

The broader crypto market continues to grapple with macroeconomic headwinds. Rising inflation concerns, Fed policy uncertainty, and geopolitical tensions — including escalating trade disputes — have amplified volatility across risk assets.

Despite these challenges, Dogecoin’s rebound stands out among altcoins, signaling underlying market strength and growing confidence from dip buyers.

Technical Picture: Signs of Strength Emerging

DOGE dropped from $0.157 to $0.143 before rebounding to $0.153 — a 9.1% intraday range.
Volume during the selloff and reversal exceeded 5x the daily average.
An ascending trend of higher lows formed from $0.145 to $0.152.
A breakout above $0.153 resistance occurred post-04:58, confirming upward momentum.
Another volume spike at 05:11 (10.7M) added strength to the breakout.
Price consolidated above $0.152 in the final hour, signaling possible continuation.
Immediate resistance lies in the $0.155–$0.158 zone, while $0.145 remains the key support to watch.

Dogecoin’s strong bounce and volume-backed breakout hint at a possible trend shift. Traders are now watching whether bullish momentum can sustain and drive the price higher in the coming sessions.