Dogecoin shook off a dramatic weekend draw-down to post a sharp 7 percent rebound early Monday, climbing from a low near $0.143 to intraday highs above $0.153 on 23 June 2025. The surge followed a burst of trading activity five times higher than the token’s daily average and re-established a short-term up-trend that analysts say could open the door to a push toward the $0.16–$0.17 range.
A Whiplash Weekend Ends With a Snap-Back Rally
CoinDesk data show DOGE traded in a 9 percent band over the previous 24 hours, bottoming out late Sunday as broader crypto markets absorbed nearly $1 billion in forced liquidations before snapping higher in the Asian session. Volume spiked to 10.7 million tokens within minutes of the reversal, confirming strong dip-buying interest around the $0.145 technical floor.
Momentum accelerated during the final hour of trading, when bulls pushed the price through short-term resistance at $0.153432, a level technical traders had flagged throughout the weekend. “If DOGE can keep closing above that pivot, $0.155 to $0.158 is quickly back on the table,” CoinDesk Analytics wrote in its post-rally recap.
Macro Headwinds, Micro Drivers
Dogecoin’s turnaround unfolded against a tense macro backdrop. Bitcoin briefly fell below the six-figure mark amid renewed Middle-East geopolitical jitters before regaining the $101 000 handle, while altcoins such as Solana and XRP also bounced, helping to stabilize sentiment across the risk-asset spectrum.
Traders attribute DOGE’s outsized move to a confluence of factors:
- Heightened liquidity: 24-hour turnover in the memecoin swelled to $1.71 billion, a 46 percent jump from the prior session, according to Moneycontrol’s real-time market dashboard.
- Supportive retail flows: Social-media analytics platform LunarCrush recorded a 32 percent week-over-week rise in Dogecoin-related posts, suggesting fresh participation from retail traders hunting for volatility.
- Relative value play: DOGE’s under-performance versus Shiba Inu and PEPE over the past month left it looking “fundamentally cheaper on a momentum-adjusted basis,” said QCP Capital in a note to clients, spurring rotation into the original canine coin.
Key Technical Levels to Watch
Chart analysts see three zones that could decide whether Monday’s rally has legs:
| Level | Significance | Status |
| $0.145 | Weekend capitulation low; anchored by 5× volume spike | Confirmed support |
| $0.153–$0.155 | Short-term resistance flipped to support in Monday’s breakout | Being tested |
| $0.160–$0.165 | March swing high and 200-day EMA cluster | Primary upside target |
A decisive daily close above the middle band would validate the higher-lows structure that has formed since 21 June and shift momentum indicators firmly back into bullish territory. Conversely, failure to hold that zone could invite profit-taking toward $0.148.
Market Metrics Paint a Mixed Picture
Yahoo Finance’s historical feed shows Dogecoin has declined roughly 11 percent over the past week, underscoring how far the token still sits beneath the $0.17 levels seen just days earlier. Yet the latest bounce trimmed year-to-date losses to about 4 percent and kept DOGE comfortably inside the top-10 digital-asset market-cap ranking, with a circulating valuation near $22.9 billion.
Options traders also appear more constructive: Deribit’s DOGE 28 June calls at $0.16 saw open interest jump 23 percent overnight, while put-call ratios slipped to their lowest reading since mid-May, pointing to a subtle but growing appetite for upside exposure.
What the Analysts Are Saying
- Shaurya Malwa, CoinDesk: “Volume-backed bounces from oversold conditions often mark the starting point for trend reversals. The key for DOGE will be sustaining closes above $0.153 while broader liquidity recovers.”
- Amara Khatri, CryptoDaily: “The memecoin is still highly sensitive to risk-off macro headlines, but if Bitcoin can defend $98 000–$100 000, DOGE traders may get the breathing room needed for a retest of $0.17.”
- Changelly Research Desk: Long-term projections remain conservative, with the desk forecasting “modest downside drift” into Q3 unless network-usage metrics improve.
Catalysts on the Horizon
Looking forward, three events could inject additional volatility into Dogecoin trading this week:
- Fed Chair Jerome Powell’s testimony (25 June): Any hint of a slower policy-tightening path could buoy risk assets, including DOGE.
- Friday’s U.S. Core PCE inflation print: A cooler-than-expected reading would strengthen the case for a macro relief rally across crypto.
- X Payments beta expansion: Rumors that Elon Musk’s social-media platform may soon widen its on-platform payments pilot continue to percolate. Historical price action suggests DOGE often reacts positively to such headlines.
Bottom Line for DOGE Investors
Dogecoin’s swift rebound from a bruising weekend flash-crash underscores two central truths about the 10-year-old memecoin: liquidity remains deep enough to attract tactical capital when prices dislocate, and the community still views sub-$0.15 prints as opportunistic entry points. Whether Monday’s follow-through evolves into a sustained rally will hinge on external macro drivers and the token’s ability to chew through near-term selling pressure above $0.155.
For now, the path of least resistance appears higher, provided bulls defend the freshly minted support zone and broader crypto sentiment avoids another macro-driven shakedown. Traders eyeing the next leg up may take solace in the fact that, for all its canine whimsy, Dogecoin continues to demonstrate a robust capacity to bark back when the market tries to take a bite.