DOGE breaks through 6% increase, golden cross support, how far can the Meme coin sector resonate?

Dogecoin (DOGE) started 2026 with a surprise for the market. As of January 4th, DOGE’s price broke through a key resistance level to $0.1522, with a daily increase of about 6%, signaling a clear short-term bullish trend from a technical perspective. More notably, this rally is not an isolated event but part of a collective rebound across the entire Meme coin sector, backed by institutional funds.

Technical Improvement: Golden Cross Initiates Momentum Rally

From a technical standpoint, DOGE’s recent surge has been confirmed by multiple signals. On the hourly chart, a short-term “Golden Cross” has appeared — the 9-period moving average crossing above the 26-period moving average. While this is not a long-term trend Golden Cross, in the context of increased volume, it generally indicates that momentum has begun.

Even more important is the support from trading volume. The 24-hour volume is about 40% higher than the 30-day average, which is a key confirmation of breakout validity. After successfully breaking through the previous consolidation zone of $0.1422–$0.1431, the price established a new support above $0.1463, showing that buyers are gaining the initiative.

Meme Coin Sector Linkage: Return of Risk Appetite

DOGE’s rise is not happening in isolation. According to the latest data, Pepe surged nearly 17% in a single day, while mainstream meme coins like Shiba Inu, Bonk, and Floki also strengthened simultaneously, with small- and mid-cap tokens showing even more significant gains. This reflects that, following liquidity recovery, funds are spreading into high-volatility assets.

The overall market cap of Meme coins is approximately $33.8 billion, with a 24-hour trading volume close to $5.9 billion, indicating a clear rebound in short-term risk appetite. This sector linkage often signals a shift in market sentiment — from cautious waiting to active participation.

Fundamental Support: Signals of Institutional Entry

It is worth noting that behind DOGE, there is not only retail sentiment but also institutional backing. According to recent news, the House of Doge, a commercial arm of the Dogecoin Foundation, has officially listed on NASDAQ through a reverse merger, securing $50 million in funding. More importantly, the “Official DOGE Treasury” jointly established by CleanCore Solutions and House of Doge announced that within 30 days, they had purchased 500 million DOGE, half of the initial target of 1 billion, with these tokens stored in cold wallets for long-term custody. This effectively locks nearly 4% of the circulating supply in the short term.

These measures introduce sustained buying pressure and regulatory legitimacy, providing fundamental support for DOGE’s upward trend.

Key Short-Term Levels and Risk Alerts

The current market focus is on the validity of support levels. If DOGE can hold above $0.1463 and consolidate above $0.1500, the short-term target could be around $0.1520–$0.1530. This zone also represents previous selling pressure, and whether a volume breakout occurs will determine if the rally extends further.

Caution is advised because meme tokens are highly sensitive to liquidity and sentiment. If Bitcoin experiences a significant correction or leverage in the market rapidly increases, DOGE and other Meme coins could also face quick retracement. Repeated validation of support levels and volume changes remain critical factors in short-term trading.

Summary

DOGE’s short-term technical structure is improving, with a golden cross and volume expansion, giving it a certain lead in the Meme coin rebound. Institutional entry and treasury accumulation further reinforce this trend. However, whether the rally can sustain depends on continued capital inflow, key price levels, and overall market sentiment stability. Short-term traders should closely monitor the performance of the key support levels at $0.1463 and $0.1500.