Dogecoin Grinds Against Resistance Amid Rising Volume
Dogecoin (DOGE) is making a push against resistance near $0.1143, having seen a weekly bounce of 7% after an 11.8% drawdown. The broader crypto market held steady at $2.8 trillion on May 14, with capital rotating out of Bitcoin (BTC) and Ethereum (ETH) derivatives.
DOGE futures open interest climbed 5.09% to $1.79 billion, while daily futures volume jumped 81.62% to $3.99 billion. Immediate resistance stacks at $0.1147, $0.1166, and $0.1190, with support at $0.1104, $0.1080, and $0.1061.
A clean push above $0.1190 would open the door to $0.1244 and a possible test of $0.13, but a daily close below $0.1061 resets the structure and risks a slide back toward sub-$0.10 territory.