@Doge Coin Hits 23-Cents on Whale Buying, Supply Zone Stalls Breakout
The $0.22 level held firmly on multiple retests, drawing in leveraged long positioning. However, the $0.23 resistance zone triggered profit-taking from short-term traders and potential distribution from large holders.
Over $200 million in DOGE was purchased within 24 hours, driven by whale-led accumulation.
DOGE's price rose 4% from $0.22 to $0.23, with strong support at $0.22 and resistance at $0.23.
The final trading hour saw a 1% drop to $0.227 due to institutional selling pressure.
