#OnChainSignals #Dogecoin
Where is the Next Dogecoin Major Resistance? On-Chain Indications Reveal the Truth
Dogecoin (DOGE) is heating up in May — but where’s the next stop on its journey to the moon?
Let’s break it down
🔹 Current Price Zone
DOGE is hovering near $0.23, gaining attention with rising volumes and strong social chatter.
🔸 Key Resistance Levels
1. $0.2213 — First challenge. A push above this could trigger momentum.
2. $0.2963 — Mid-term resistance. Breaking this may lead to a sharp rally.
3. $0.44 - $0.50+ — A major breakout zone if hype and volume align.
🔍 On-Chain Signals
Whales are active — Large holders are moving DOGE again, signaling preparation for a big move.
Transaction activity is climbing — The network is alive, and that’s often a bullish sign.
DOGE above 50-day EMA — Technically bullish in the short term.
So, what’s next?
If DOGE clears the $0.30 level with strong volume, the $0.50 target could come faster than expected.
Final Take
DOGE isn’t just a meme anymore — it’s a movement. Watch the resistance zones closely, and remember: patience turns DOGEs into wolves.