During early Asian trading, Bitcoin broke through $80k and is rising, and Dogecoin is moving along with it. I just saw that Dogecoin surpassed the $0.109 level and increased by about 4%. This isn't just simple volatility; it looks like the trading volume actually surged all at once, so it might be worth viewing differently.

Did you see how it shot up quickly from the range of 0.1075 to 0.1119? This doesn't seem like retail investors buying little by little; it feels like someone accumulated a large amount all at once. The current price is consolidating around 0.111, but what's important here is whether 0.109 will hold as a proper support level. If the momentum continues while staying above this level, the next target could be 0.114, but if it drops below 0.109, there's a high chance it will revert to the previous range. The RSI is rising, giving a somewhat overheated impression, so keeping an eye on the 0.109 level is definitely necessary.