Dogecoin has flipped market structure bullish with a strong engulfing candle and volume spike. Price now approaches high time frame resistance, where a correction or breakout will determine the next trend leg.

Dogecoin Dogecoin

doge

3.51%

Dogecoin has shifted its market structure decisively to the upside after breaking above its high time frame support at $0.15, a level that previously marked the base of its range. Following a bullish engulfing candle and strong volume expansion, price reclaimed the point of control (POC) and triggered a breakout, pushing into higher territory. As DOGE approaches a major resistance cluster, the next few sessions will be pivotal in determining whether the trend accelerates or cools off for a healthy pullback.