Dogecoin (DOGE) is testing the $0.098 level, a zone where roughly 28 billion DOGE previously changed hands across a highlighted cost-basis zone, according to a chart analysis shared by Ali Charts on X. Cost-basis analysis of this kind maps the price levels where large volumes of an asset previously changed hands, giving market observers a reference point for where existing holders sit relative to their entry prices.

The resistance picture above the current market is layered. The next barrier sits near $0.11, supported by approximately 4.98 billion DOGE from historical trading activity, while the $0.20 level remains a larger hurdle, with about 12 billion DOGE concentrated around that historical price zone. The setup places Dogecoin directly against a series of supply zones created by accumulated trading activity above the current price.

$0.098 Emerges as the Immediate Barrier

Ali Charts identified $0.098 as a major DOGE resistance zone in the post, citing roughly 28 billion DOGE that changed hands around that level. That concentration makes the area central to the current market structure.

The chart shows price repeatedly moving around the $0.098 region. DOGE reached approximately $0.0985 during an early session advance, then reversed sharply before recovering toward the same resistance area. The decline pushed the price down to roughly $0.0955 during the session before buyers returned and lifted it back toward $0.098, placing the market directly against the highlighted cost-basis barrier. Levels like this draw attention because a return to a heavy cost-basis zone places a large group of holders near break-even, a point where decisions to hold or exit are commonly weighed.

As of writing, DOGE trades around $0.09807, up approximately 0.5% over 24 hours. CoinGecko also recorded a September 25 close near $0.098946.

Historical Activity Creates Additional Supply Zones

The cost-basis heatmap shows several concentrations above current trading levels, with the strongest visible cluster sitting around $0.098 on the displayed distribution. These zones form through accumulated historical transactions at each price level. Heatmaps of this type are a widely used lens in on-chain market analysis because they show which price levels carry the most historical relevance to the holder base.

The distribution does not, however, guarantee selling at those levels. Some holders may retain positions after prices return to their entry areas, while others could adjust their positions based on changing market conditions.

The next zone identified in the analysis sits near $0.11, where approximately 4.98 billion DOGE previously changed hands. That concentration is smaller than the $0.098 cluster shown earlier, but the distance between $0.098 and $0.11 is relatively narrow. Any continued advance would therefore need to navigate both supply areas.

$0.20 Remains a Larger Historical Hurdle

The broader chart places another major concentration around the $0.20 level. Ali Charts attributes approximately 12 billion DOGE to that region, making it another important historical cost-basis reference.

The chart also shows DOGE previously trading around higher levels before declining toward approximately $0.08 and entering consolidation. That base formed during the July and August period shown. September brought renewed movement toward the $0.09 region, and the latest recovery has returned DOGE toward $0.098, leaving the market sitting directly against its first major resistance.

Market data as of writing shows substantial activity surrounding the asset. CoinGecko DOGE near $0.09842 with $831 million in volume, and its reported seven-day gain stands around 10.8% at the latest update.

For observers, the practical checkpoints follow from the map itself: whether DOGE sustains trading around $0.098 on current volume, how the market behaves near the $0.11 cluster if price reaches it, and whether the chart analysis is updated as conditions evolve.

The chart consequently presents three major levels for continued monitoring: $0.098, backed by roughly 28 billion DOGE; the zone near $0.11, backed by about 4.98 billion DOGE; and the $0.20 concentration, where approximately 12 billion DOGE are recorded.