$DOGE is barking up the right tree again! ๐ถ Despite some recent price swings, DOGE is showing signs of strength as big players pile in. Hereโs what you need to know
๐ Whatโs Happening?
๐ Volatility Watch: $DOGE traded in a tight 4.3% range ($0.211โ$0.220) over the past 24 hours, but managed to hold strong at the $0.212 support level. Thatโs where buyers keep stepping in with high volume.
๐ผ Whales Are Buying: Over 1 billion DOGE were accumulated by whales in the past month ๐, pushing total whale holdings to 25.97 billion DOGE. Thatโs a clear sign the big money sees upside potential!
๐ Futures Market Cool: Retail trading activity is still neutral โ meaning there's room to grow before hitting any overheated territory ๐ฅ.
๐ Technical Vibes
๐งฑ Support at $0.212 is solid โ multiple strong rebounds from this level confirm buyer interest.
๐ Bullish Pattern Forming? Analysts are eyeing a possible bull flag pattern, which could send $DOGE flying toward $0.35 โ if buying pressure continues.
๐ In the past few hours, DOGE climbed from $0.210 โ $0.224 with noticeable volume spikes at 01:17, 01:21, and 01:54โ01:55. Breakouts were also seen around 01:16 and 02:02, backed by more than 8M volume per candle.
๐ Macro Market Mood
Global tensions and shifting trade policies havenโt stopped Dogecoin. Despite macroeconomic uncertainty, DOGE remains above key moving averages โ a strong signal that buyers arenโt backing down.
๐ง TL;DR
๐ Whales have grabbed 1B+ DOGE recently.
๐งฑ Strong support at $0.212.
๐ Bull flag could target $0.35.
๐ Momentum is building โ but caution is key.
๐ก As always, keep an eye on the charts and donโt let FOMO bite! ๐พ
Disclaimer: This post is for informational purposes only and does not constitute financial advice.