DOGE Price News: Dogecoin Reclaims Bullish Structure as Whale Activity Hits 2-Month Low

Dogecoin (DOGE) experienced a 2.7% surge, breaking through key resistance levels with significantly increased trading volume, suggesting momentum driven primarily by retail investors while large whale transactions declined to their lowest point in two months. Technically, DOGE confirmed an ascending channel, with the $0.1470 level now acting as the crucial support to maintain this breakout structure; the immediate upside target is $0.1530. This move occurred amid modest inflows into the newly launched U.S. spot Dogecoin ETFs. While technical indicators present a mixed picture—the TD Sequential indicator flashed a 'Buy' signal suggesting potential rallies, but the Bull Bear Power tool showed selling pressure—the overall market structure indicates an early momentum shift favoring the bulls, provided the $0.1470 support holds.

(Source：CoinDesk)