Dogecoin Resistance Tests Bulls at $0.1075

After plummeting to $0.1021, Dogecoin (DOGE) staged a recovery and hit resistance near $0.1075 on its hourly chart.

The token broke through the bearish trend line and pushed past the $0.1035 and $0.1040 resistance levels, according to chart data from Kraken.

However, sellers blocked further upside, keeping bears in short-term control as Dogecoin now trades below $0.1075 and the 100-hourly simple moving average.

Jindal flagged $0.1062 as immediate upside and $0.1075 as the first major test, while warning that a break below $0.10 could send the token toward $0.0965 or even $0.0950 in the near term.