Dogecoin (DOGE) Price: Whales Grab 240M Coins as Buy Signal Flashes on the Chart

TLDR

• DOGE is trading around $0.0848 inside an ascending price channel, with analysts targeting $0.093
• Derivatives trading volume jumped 65% to $1.17 billion, while open interest reached $1.26 billion
• Whales accumulated over 240 million DOGE during the recent price dip, according to Ali Charts
• A TD Sequential buy signal appeared at $0.0839, with previous signals producing rebounds of up to 11.25%
• The CLARITY Act vote and Wednesday’s FOMC decision could trigger short-term volatility for DOGE

Dogecoin is trading around $0.0848 after holding above key support in the $0.080–$0.082 range. The price has bounced twice off the lower trendline of an ascending channel, with analysts pointing to $0.093 as the next resistance level.

The broader crypto market added 1.32%, bringing total market cap to $2.65 trillion. Bitcoin traded near $78,905, Ethereum sat around $2,532, and XRP reached $1.44 during the same period.

Analyst Ali Charts flagged a fresh TD Sequential buy signal on the four-hour chart around $0.0839. The same indicator produced short-term rebounds of 6.96%, 2.71%, and 11.25% in recent weeks, giving traders reason to watch the current setup closely.

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