Crypto
Dogecoin Stalls at $0.1075 Resistance
Dogecoin staged a recovery from its $0.1020 floor and broke through resistance levels at $0.1035 and $0.1040 on its hourly chart.
The bounce also broke a bearish trend line, with the token now trading below $0.1075 and the 100-hourly simple moving average.
Kraken data confirmed the move near $0.1042 on Thursday, with Bybit data showing a 24-hour range from $0.1020 to $0.1045 and session volume of roughly $612 million.
According to Jindal, immediate upside is at $0.1062, while the first major test is at $0.1075, a level that lines up with the 50% Fibonacci retracement from the $0.1127 high.