Dogecoin consolidation → Breakthrough imminent? Target aimed at $0.48!

Current trend

DOGE currently priced at $0.2395 entering a higher consolidation range.

Support level: $0.23 & $0.18 key resistance: $0.27–$0.31.

Market signal #MarketPullback

Spot trading volume surged +83.4% to $2.94 billion

Futures trading volume skyrocketed +114.5% to $7.43 billion

Open interest ↓8.5% → indicating short-term rotation rather than excessive leverage

On-chain trend #FedRateCut25bps

Whales continue to accumulate

Exchange reserves decrease → immediate selling pressure eased

Technical structure #BNBChainEcosystemRally

DOGE has been building a bottom step by step from $0.15 → $0.20 → $0.23

Multiple tests of resistance without breaking → once broken, it will open space for $0.48

Su Ge's view @苏哥618

DOGE's trend is very interesting — it doesn't seem like “speculative pump” but more like real funds supporting whale accumulation + the decrease in exchange reserves limits selling pressure.

If the resistance band is effectively broken, Dogecoin may experience a trend rally rather than just a short-term rebound. $BTC $ETH $DOGE