Dogecoin Price Hopes Rest on Clearing $0.098 Resistance Wall

The Dogecoin price has been struggling to break through a significant resistance zone at $0.098, where approximately 28 billion DOGE are concentrated.

This concentration band is highlighted by Glassnode's Cost Basis Distribution heatmap, which maps the realized price of each coin in circulation and shows zones with warm colors indicating high volumes of coins.

The heatmap reveals that this zone is the most concentrated supply cluster in Dogecoin's current price structure, and a sustained close above $0.098 would be the first structural confirmation of any meaningful recovery for DOGE.

A break above $0.098 would open the path to the next supply wall at $0.11, where 4.98 billion DOGE is concentrated, which is roughly 82% less supply than the $0.098 cluster.