Dogecoin Breaks Out Above $0.14 As Meme Token Rally Gains Momentum

Dogecoin (DOGE) has broken out of a short-term downtrend and stabilized near the $0.14, $0.15 range after months of declines.

The meme-based cryptocurrency is trading around $0.148, supported by higher volumes and improving technical indicators.

DOGE reclaimed short-term support near $0.14 and briefly touched $0.147 following a prolonged selloff from October highs that pushed prices toward the $0.13 zone.

The decline flushed out leveraged positions and cooled speculative activity, with derivatives data showing rising open interest indicating traders are positioning for near-term volatility.