Dogecoin Hits Major Resistance Zone Near $0.098 as Exchange Flows Shift
Dogecoin has encountered significant exchange activity as it trades near $0.098, a major resistance zone identified by analyst Ali Charts.
About 28 billion DOGE changed hands at this level, making it the largest supply zone cited in the analyst's update.
According to the Cost Basis Distribution Heatmap, if Dogecoin moves above $0.098, the next supply wall is near $0.11, where approximately 4.98 billion DOGE previously changed hands.
The resistance levels come as Dogecoin remains below $0.100, keeping the current price below the first level highlighted by the analyst.