$DOGE / USDT – Key Support at $0.22 Holds Amid Institutional Selling 🐕📉
Dogecoin is trading near $0.22, with the $0.22–$0.24 zone acting as critical support after a recent 11% drop due to institutional sell-offs. Market cap stands around $36B, with whales accumulating over 310M DOGE in the past 48 hours.
📊 DOGE Snapshot :
• Current Price : $0.22
• Market Cap : $36B
• 24h High / Low : $0.24 / $0.21
• Key Support : $0.22
• Resistance : $0.27 – $0.30
The technical chart shows a possible cup-and-handle formation, with a breakout above $0.27 potentially leading DOGE toward $0.32–$0.45. A major upgrade proposal is in review, which could boost utility and price.
Watch for a rebound from support or a break below $0.22 for next moves.