DOGE Grinds Against Resistance as $3B Volume Tests Recovery
Dogecoin (DOGE) is facing resistance near $0.1143 after a 7% weekly gain, with $3 billion in daily volume testing its recovery.
The meme coin trades at $0.1143 on Saturday, recovering from an 11.8% drawdown that left bulls scrambling for support.
Despite the broader crypto market holding near $2.8 trillion on May 14, capital is rotating out of Bitcoin (BTC) and Ethereum (ETH) derivatives, with DOGE futures open interest climbing 5.09% to $1.79 billion.
A clean push above $0.1190 could open the door to $0.1244 and potentially a test of $0.13, but a daily close below $0.1061 risks a slide back toward sub-$0.10 territory.