Dogecoin (DOGE) rose nearly 9% within 24 hours, returning to the $0.10 level, but still down more than 50% from its early 2025 high. The $0.10 to $0.11 range constitutes a key resistance level, and technical indicators show that a sustained break above $0.11 is needed to confirm an upward trend. Analysts point out that the overall weakness in the cryptocurrency market and risk-averse sentiment may limit Dogecoin's upward potential. They believe that the recent rise is more like a corrective rebound rather than a confirmed trend reversal.