Dogecoin (DOGE) has recently established a key support level around $0.212, but the high trading volume rebound indicates increased buying interest. On-chain data shows that in the past month, whale addresses have accumulated over 1 billion DOGE, bringing total holdings to approximately 25.97 billion, which may be preparing for a potential pump. Currently, the DOGE price remains in the $0.215 to $0.22 range, with technical indicators showing a potential rise trend. Analysts point out that if buying continues, DOGE is expected to break through the current resistance range and further test $0.35.
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Dogecoin (DOGE) has recently established a key support level around $0.212, but the high trading volume rebound indicates increased buying interest. On-chain data shows that in the past month, whale addresses have accumulated over 1 billion DOGE, bringing total holdings to approximately 25.97 billion, which may be preparing for a potential pump. Currently, the DOGE price remains in the $0.215 to $0.22 range, with technical indicators showing a potential rise trend. Analysts point out that if buying continues, DOGE is expected to break through the current resistance range and further test $0.35.