Dogecoin Surges 7% Amid Volatile Trading Volume Spike

Dogecoin experienced a significant rebound following a tumultuous weekend, with the cryptocurrency surging from a low of $0.143 to above $0.153. This recovery was driven by an extraordinary surge in trading volume, which exceeded five times the daily average, indicating robust buyer interest at critical support levels. The sharp price action underscored the resilience of Dogecoin's market structure, particularly in the face of broader market turbulence and geopolitical tensions that have amplified volatility across risk markets.

Global macroeconomic uncertainty, including inflation concerns and ongoing scrutiny of Federal Reserve monetary policy, has contributed to a cautious sentiment in the crypto market. Despite these challenges, Dogecoin's ability to rebound from its local lows suggests a resilient market structure. The token's recovery from $0.143 to $0.153 was particularly notable given the broader weakness seen across altcoins. Technical analysts are closely monitoring whether Dogecoin can sustain its momentum above $0.153 and break through short-term resistance, as bullish volume continues to accelerate.

During the 24-hour window, Dogecoin posted a volatile 9.1% range, falling from $0.157 to $0.143 before rebounding to close near $0.153. The most dramatic selling occurred during hours 13–14, where volume spiked to over five times the average, establishing a firm floor at $0.145. In the final hour of trading, Dogecoin surged from $0.152 to $0.153, with a notable breakout above $0.153432 occurring after 04:58. Volume surged again at 05:11, confirming buyer strength and pushing DOGE to a new local high.

Technical analysis recap shows that DOGE dropped from $0.157 to $0.143 and rebounded to $0.153—a 9.1% swing. The volume during the 13–14 hour spike exceeded 5x the daily average, confirming support at $0.145. An uptrend formed with clear higher lows from $0.145 to $0.152. The breakout above $0.153 resistance occurred after 04:58, pushing the price to $0.153432. The volume surge at 05:11 confirmed the breakout strength. The final hour showed sustained bullish momentum and strong consolidation above $0.152. Price action now targets the $0.155–$0.158 zone, with $0.145 holding as key support.