Dogecoin ($DOGE ) jumped 7% in the last 24 hours, fueled by a massive $200 million purchase from a major whale. Futures market activity is heating up as open interest climbs above $3 billion, signaling heightened trader confidence.
On the technical side, DOGE has broken above a crucial resistance, with $0.25 now acting as a solid support level. Analysts see potential for further gains, with chart patterns pointing toward the next target near $0.27.
If bullish momentum continues, Dogecoin could be set for another strong rally — but traders are keeping an eye on market sentiment and whale activity for clues on the next big move.
