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Dogecoin hits three-week high at $0.097 amid strong buying and risk appetite, but profit-taking may cause pullback.

Technical Signals
16 Apr 2026
AMBCrypto
View Source
Bullish
pluang ai news

Dogecoin (DOGE) surged to a three-week high of $0.097, driven by increased market risk appetite and significant short covering, which boosted futures positions and buyer dominance. The memecoin's RSI and Bulls vs. Bears indicators confirm strong upward momentum, suggesting potential to reach the $0.1 resistance level. However, rising profit-taking and increased selling pressure on exchanges could trigger a price pullback toward $0.092 if the selling trend continues. Overall, DOGE's price recovery remains strong but faces risks from profit realization.

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