Dogecoin Up 3% Today: All Eyes on Whether Bulls Can Defend $0.0920

Updated

April 16, 2026

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ChatGPT Perplexity

Summarize

ChatGPT Perplexity

Gambar Dogecoin Up 3% Today: All Eyes on Whether Bulls Can Defend $0.0920

Jakarta, Pintu News – Dogecoin is facing selling pressure again after failing to sustain gains above the $0.0980 resistance zone. The popular meme coin corrected sharply, with bears now testing a crucial support level that could determine its direction in the short term.

DOGE dropped through $0.0960 and $0.0950 respectively after being rejected at resistance. The decline continued past the 50% Fibonacci retracement level of the previous upside move at $0.0903 to $0.0980. At its lowest point, the price briefly dropped below $0.0930 before buyers stepped in.

Then, how is the current Dogecoin price movement?

Dogecoin Price Rises 3.81% in 24 hours

As of April 16, 2026, Dogecoin has seen a positive uptick in momentum, recording a 3.81% increase over the last 24 hours. The popular memecoin is currently trading at $0.09684, which translates to approximately IDR 1,660. Throughout the day’s session, DOGE showcased significant movement, oscillating between a low of IDR 1,586 and a peak of IDR 1,675.

Reflecting this surge in price, Dogecoin’s total market capitalization has reached roughly IDR 256.8 trillion. Market activity remains robust, with 24-hour trading volumes hitting approximately IDR 26.17 trillion, signaling continued interest from investors as the coin navigates its latest price range.

Key Resistance Levels that the Bulls Must Break

According to Coinpaper, DOGE’s recovery is largely dependent on its ability to break through the above set of resistance levels. The nearest barrier is at $0.0943. A move above this level would lead to the next important target at $0.0952, a zone that has repeatedly been the upper limit for bullish attempts.

If buyers manage to cross $0.0952, the focus will shift to $0.0965. A convincing hourly close above this level could reignite upside momentum towards $0.0980, which is the latest swing high. A break of $0.0980 opens the door to $0.0988 and potentially to the psychologically important level of $0.10.

The $0.10 mark is not just a price level. It is a milestone that many retail traders and market participants monitor as a key confidence marker. A move to that level would signal a significant change in sentiment. However, the current technical conditions do not support such a move without a clear and sustained breakout above $0.0965.

As long as the DOGE has not reclaimed these resistance zones, any recovery attempt is still vulnerable to sharp rejection. The market structure in the short-term is still bearish, and bulls need strong volume to change that narrative.

Support Zone that Could Determine DOGE’s Next Move

On the downside, Dogecoin has two important support levels. The closest limit is at the $0.0932 trendline zone. If it breaks below this area, the price will test the 76.4% Fibonacci retracement level around $0.0922, which is adjacent to the $0.0920 support. The $0.0920 level is quite crucial. This level held strong during the ongoing correction, and as long as the DOGE is trading above it, the general upside potential is still maintained.

However, in case of a sustained breakout, the focus will shift to the key support at $0.0900.The $0.0900 level is an important boundary. Missing this zone would mark a significant technical breakdown. In that scenario, the price could drop towards $0.0880. Continued selling pressure could potentially extend the decline to the $0.0850 area, a level that hasn’t been seen in recent sessions.

Traders are closely monitoring the $0.0920 zone. A bounce off this level, coupled with a bullish crossover on the MACD, could attract fresh buying interest. Without such catalysts, DOGE is still at risk of continuing its correction.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

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