Dogecoin Breaks Channel Resistance as Momentum Builds Above $0.098

DOGE-2.02%
BTC-0.81%
  • On the daily chart, weeks of lower highs saw Dogecoin break above its resistance on the downward channel.

  • RSI broke out of its falling trend and is trending upwards which shows strength in the short term momentum.

  • The nearest support is at $0.09303 and the most important 24-hour resistance is at $0.09805.

The dogecoin broke through its channel resistance of decline on the daily chart, and the shift of the structure occurred after weeks of compression. At the reporting time, the asset has been trading at $0.09805, which is a 4.8 percent increase in 24 hours. The price action indicates a clear thrust beyond the upper trendline that had limited rallies since the beginning of the year. Simultaneously, the Relative Strength Index exceeded its self-depreciating resistance and changed direction upwards. Such co-ordinated action puts emphasis on local support and resistance levels over a 24 hour range.

Break Above Descending Channel Structure

The daily chart shows DOGE trading within a clearly defined descending channel for several weeks. Lower highs and lower lows shaped the structure during that period. However, price recently pierced the upper boundary of the channel. Notably, the breakout occurred near $0.09805, which now aligns with immediate resistance.

This level previously acted as a ceiling within the short-term range. Meanwhile, support stands at $0.09303. That area held during recent pullbacks before the breakout attempt. This has led to a price change between the support and resistance levels of $0.09303 and $0.09805 respectively in the range of 24 hours. Besides, DOGE is traded at 0.051407 BTC with a 0.5 percent gain over Bitcoin. This matching can be seen as a sign of relative humility in the same session.

RSI Trendline Break and Momentum Shift

Beyond price structure, the RSI adds another layer of confirmation. The indicator had followed its own descending trendline during the channel phase. However, RSI broke above that resistance and now trends upward. This movement coincides with the price breakout.

$DOGE/daily#Dogecoin breakout from Descending Channel 🚀

Price pushed through the upper trendline after weeks of compression. RSI broke its own descending trendline and trending up — momentum shift confirmed.

Breakout is clean. Watch for continuation. pic.twitter.com/hbIiemBR9X

— Trader Tardigrade (@TATrader_Alan) February 14, 2026

Importantly, RSI remains below overbought territory. Therefore, the indicator still has room within its current range. The upward slope suggests strengthening short-term momentum. Consequently, traders now monitor whether RSI can sustain above its former resistance line.

Intraday Levels and Today’s Scenarios

Given these developments, immediate focus centers on $0.09805 resistance. Holding above this point would pave the way to more intraday extensions. In a positive outlook, within the current session, the price would move towards the direction of the area of $0.10300.

Nonetheless, the failure to remain above the breakout zone would revert the focus on the price level of $0.09303. An unfavorable scenario develops when price decreases below the level. Then, DOGE may come back to the decision point at the $0.09000 area and level.

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