Dogecoin Was Said to Be Showing “Early Signs of a Rebound” as Analysts Watch a Key Resistance Level

DOGE shows early rebound signs as buyers defend the $0.15300 zone after a steady downtrend.

Rising TVL and positive exchange supply support stronger market interest and liquidity trends.

ETF expectations and resistance-level watching shape traders focus on DOGE’s next potential move.

Dogecoin continues to move through a downward trend with repeated corrections, yet the market is now showing early signs of a possible rebound. The latest move from a known demand zone adds fresh interest, and a stronger recovery may unfold if the price breaks above the nearby resistance area.

Market Structure Shows Early Signs of Strength

According to analysis prepared by BitGuru, Dogecoin formed a major high before moving into a steady decline, and the market created lower highs and lower lows during this phase. However, recent candles show buyers gaining confidence near $0.15300 as the price reacts positively from this zone.

The earlier correction formed near $0.16598, and after a short consolidation band, the market moved lower before showing renewed buyer activity. The latest attempt to rebound shows steady progress, and traders are now watching for a break above the ceiling of the earlier consolidation area, which may confirm stronger upward traction.

Source: AliCharts(X)

Ali Charts reported that DOGE supply on exchanges “just turned positive,” a trend that has supported sharp rebounds during earlier market phases. This shift gives traders more reasons to watch ongoing movements closely.

Liquidity Growth and ETF Attention Support a Constructive Outlook

Data from DeFiLlama shows rising liquidity in the Dogecoin ecosystem. Total value locked reached $15.4 million after a 3.63% increase in the past 24 hours, and the long-term chart shows rising waves of TVL from 2022 through 2025. Each wave forms a higher structure, and momentum grows stronger through mid-2024 and into 2025.

Source: DeFiLlama

Dogecoin trades near $0.16, and its market cap stands close to $23.953 billion. The fully diluted value remains aligned with supply data, and the market keeps stable readings during the latest update.

According to an observation by a Bloomberg analyst, interest grew as expectations focused on Grayscale’s November 24 ETF timing. The structured progress in filings provides a clear path, and this development keeps DOGE within active discussions. Traders now watch the resistance zone carefully, and continued buyer strength may support a move toward higher levels.

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