While the overall crypto market keeps moving sideways,
$DOGE is quietly setting the stage. After rebounding from $0.1427 to $0.1677 and now stabilizing around $0.1645, DOGE is entering a key accumulation zone. ๐
๐ On-chain data looks promising:
Active addresses have spiked since June 21, suggesting user activity is heating up again. Add to that the rise in social dominance โ and we might just be seeing the early signals of renewed speculative interest. ๐ฅ
๐น Chart check (4H):
- Bollinger Bands are tightening = volatility squeeze.
- RSI at 57.07 = neutral with room to run.
- Resistance = $0.1716 ๐ง
- Support = $0.1617 ๐ก
- Target on breakout = $0.1785 ๐ฏ
- SL for traders = $0.1595 โ
Despite a 61% bearish order book, bulls are defending this range โ and weโre seeing a higher low formation, a classic bullish continuation setup. ๐
Is DOGE just catching its breath before the next run? Letโs see if this puppy still has a bark! ๐ถ๐
๐ WhiteBIT Chart: DOGE/USDT (4H)
