🔥#Dogecoin Expects Bullish Momentum Despite Whale Sell-Off🔥

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Dogecoin is holding its bullish structure despite recent market volatility and a $40 million sell-off from whales. After gaining 44% over the past month, Dogecoin now trades at $0.2257. The memecoin’s recent 18% dip from its May 10 high is seen as a natural cooldown, not a trend reversal.

Dogecoin’s technicals remain strong as well. A bull flag pattern is forming, typically a sign of continued upside. While whales have moved over 170 million Dogecoin, this looks more like profit-taking than a loss of confidence. Short-term momentum may be softer, but it’s helping to build a stronger foundation for further Dogecoin rallies.

Over the last day, Dogecoin has stayed within an upward channel, with support around $0.218 and resistance at $0.234. Despite slipping slightly from $0.233 to $0.227, the higher low trend suggests solid buying interest.

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