🔥 $DOGE on the Move: Will $0.21 Break Lead to $0.28?

Dogecoin is showing signs of life again! After plunging 35% in the last two weeks, DOGE bounced back with a 5% rally on Monday — but warning signs still linger.

Market Context:

Open Interest dropped from 19.69B DOGE → 15.36B DOGE

Funding rates remain low after cooling off in mid-July

Whale wallets (10–100M DOGE) dumped 740M tokens since July 17

Current Setup:

DOGE is testing $0.21 resistance

Supported by the 50-day EMA & 200-day SMA

Stoch Oscillator rebounds from oversold, and RSI nears neutral

If bulls flip $0.21 and reclaim $0.26, eyes are on the $0.28 breakout zone.

Despite low derivatives activity, technical indicators hint at a potential trend reversal. Keep a close watch — a memecoin move could be brewing! 🚀

#DOGE #AltcoinUpdate #CryptoRecovery #WhaleWatch #BinanceSquare