Dogecoin Bounces Off Lows but Hits Ceiling at $0.1075

Dogecoin (DOGE) has staged a recovery from its recent lows of $0.1020, pushing through key resistance levels and breaking a bearish trend line on the hourly chart.

The memecoin climbed to $0.1075 before hitting resistance, with sellers blocking further upside on the hourly chart.

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.

However, despite the bounce, Dogecoin is still trading below $0.1075 and the 100-hourly simple moving average, keeping bears in short-term control.