Dogecoin (DOGE) surged past $0.111, gaining over 5% in the last 24 hours to an intraday high of $0.116. Analysts emphasize maintaining this level for continued bullish momentum. Around 62,270 addresses hold 36 billion DOGE with an average price of $0.109, keeping 84.7% of holders profitable.

Minimal resistance ahead suggests DOGE could rise further, potentially reaching $0.150 if the current momentum holds. Recent large inflows add to the bullish sentiment, though long-term trends show mixed signals. A breakout above $0.111 is key for continued upward movement.

DOGE’s recent rise above a descending trendline and support at $0.10067 indicates a shift in market sentiment, with potential for significant gains if resistance holds.