#ETHBreaks3700 ๐ Why This $DOGE Move Looks Legit:
โ Volume Confirmation
As you mentioned, the rally isnโt happening in a vacuum. When price goes up with strong volume, thatโs usually smart money entering the market โ not just retail chasing green candles.
It shows conviction behind the move.
๐ง Big Player Accumulation
Large volume + steady price growth = institutional or whale interest.
This can often precede a larger breakout, especially in a meme coin like DOGE where whales dominate the order books.
โ ๏ธ Not Just Retail FOMO
Retail FOMO tends to create sudden, short-lived pumps โ usually with low volume spikes and sharp dumps after.
But in this case, sustained buying pressure with volume makes it different.
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๐ DOGEUSDT Perp at 0.2857 (+8.18%)
Thatโs a solid daily move, but not yet parabolic โ which means there's still room for upside.
If DOGE can hold above 0.28 with volume intact, the next resistance zones around 0.31โ0.34 could come into play.
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๐ What to Watch:
1. Volume Continuation โ Keep watching those bars. If they stay elevated, trend may continue.
2. Open Interest โ Rising OI with price = bullish. But rising OI with falling price = possible trap.
3. Funding Rates โ If funding becomes too positive, it may signal over-leverage and pullback$XRP