Dogecoin jumps 11%, breaks midline, eyes $0.1172 channel resistance

Dogecoin broke above a 12-hour parallel channel midline after an 11% weekly rally. Price now targets resistance near $0.1172.

Dogecoin cleared the channel’s midline at $0.1018, mapped by analyst Ali Martinez in an X post. The move followed the 11% weekly jump.

Top of the channel sits at $0.1172. Martinez flags this as the next test in the same post.

Meanwhile, Solana dropped below a Symmetrical Triangle support, per Martinez’s X post. The break occurred near the triangle’s apex.

DOGE trades around $0.1064 after the rally.

Title: Dogecoin breaks channel midline, eyes $0.1172 resistance