- About 28 billion DOGE changed hands near $0.098, making it the largest resistance zone identified by Ali Charts.
- DOGE exchange flows turned mixed after a major $8.5 million outflow around September 23, showing uncertain positioning.
- DOGE remains below $0.100, with $0.11 and $0.20 as higher supply zones and $0.090 as nearby support.
Dogecoin faces a major resistance zone near $0.098, where about 28 billion DOGE changed hands, according to analyst Ali Charts. The analyst also identified supply near $0.11 and $0.20, while exchange flows showed mixed activity from September 15 through 27 as DOGE traded near 0.096-0.097.
$0.098 Holds 28 Billion DOGE
According to Ali Charts, the Cost Basis Distribution Heatmap places roughly 28 billion DOGE around $0.098. That level represents the largest supply zone cited in the analyst’s update. If DOGE moves above $0.098, the next supply wall is near $0.11.
Around 4.98 billion DOGE previously changed hands at that level, according to the same data. Beyond $0.11, Ali Charts identified $0.20 as another major hurdle. Approximately 12 billion DOGE previously changed hands around that price.
The resistance levels come as DOGE remains below $0.100, keeping the current price below the first level highlighted by the analyst.
Exchange Flows Turn More Balanced
The DOGE spot inflow and outflow chart shows mixed exchange activity between September 15 and 27. Green bars represent net inflows, while red bars represent net outflows. From September 15 through 20, outflows appeared more often.
Several fell below $2 million, while one withdrawal near September 16 reached about $3.8 million. During that period, DOGE fell toward 0.079-0.080 before recovering. The flow pattern then changed as inflows increased between September 21 and 23.
Several inflows exceeded $3 million during those sessions. The largest reached roughly $5.5 million as DOGE climbed toward 0.100-0.101.
Large Outflow Stands Out
The biggest flow move appeared around September 23, when an outflow reached approximately $8.5 million. DOGE remained around 0.09-0.10 despite that withdrawal. From September 24 through 27, exchange flows became more mixed and generally smaller.
Some inflows approached $2 million, while several outflows reached roughly $2 million to $3.5 million. DOGE currently trades near 0.096-0.097, below the $0.100 psychological resistance.
The chart shows uncertain positioning, with no clear directional flow trend in the latest period. The provided levels place $0.098 first, followed by $0.11 and then $0.20. Meanwhile, the chart tracks the $0.090 and 0.080-0.085 areas as lower price levels.
