Dogecoin (DOGE) has seen increased interest as wealthy buyers have accumulated around 110 million tokens in the past 48 hours.Technical indicators suggest that Dogecoin faces strong resistance levels between $0.2556 and $0.2650, which may hinder a potential rise.Key support levels for DOGE are at $0.19 and $0.16, and staying above these levels is important for any positive progress.The feasibility of Dogecoin reaching the $3 target will depend on market conditions and technical resistance levels.