Dogecoin has surged more than 50% recently, regaining bullish momentum across key timeframes and attracting investor attention.
Whales have accumulated over 1 billion DOGE in the past month, signaling growing confidence among experienced investors and potential for further upside.
DOGE must hold current levels as a launchpad for potential breakout towards previous highs; market sentiment and whale activity are key factors to watch.
Dogecoin is consolidating after a rally, currently trading in the $0.22–$0.23 zone; breaking above $0.24 could lead to retesting previous highs, but a drop below $0.22 may indicate weakened bullish outlook.