Dogecoin is Holding the $0.25 Support and 30M DOGE was Added

Cryptocurrency News
Dogecoin is heading towards targets of $0.27–$0.30 with whale purchases at the $0.25 support level. The details are in our news.

Dogecoin (DOGE) peaked at $0.265 before retracing to $0.251, trading in a range. An afternoon sell-off pulled the price down, but support in the $0.251–$0.252 region held with ongoing buying interest. By the end of the day’s trading, the price stabilized around $0.254 and showed signs of a bottom formation.

In the last 60 minutes, the price dipped to $0.2540 before experiencing a moderate recovery. Trading volumes averaged 5.2 million DOGE, while during liquidation, it spiked up to 33.1 million. After overcoming the initial volatility, Dogecoin found itself in a narrow band, with institutional flows providing support at the $0.251 level. Major investors and mid-tier wallets continue to signal accumulation by increasing their holdings; technical indicators are also forming a rising triangle pattern.

Investors are watching to see if the $0.25 level can establish a strong base to potentially push towards the $0.27–$0.30 range.

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Dogecoin traded within a %5.3 range over the last 24 hours, with a high of $0.265 and a low of $0.251. The token opened at $0.258, briefly rose to $0.264, and then fell again due to afternoon selling pressure. However, buying interest managed to stabilize the price around $0.254. On-chain data shows that mid-sized wallets added a total of 30 million DOGE, bringing their total holdings to 10.77 billion tokens; the top 1% of addresses now control 96% of the total supply.

Technical Analysis

The main support for Dogecoin is in the $0.251–$0.252 band, and buyers are defending these levels repeatedly. Resistance is found at $0.265, where profit-taking actions stall progress. The structure reflects tight consolidation within a rising triangle and is confirmed by accumulation signals. On-chain metrics reveal a shift in positioning towards major investors, reinforcing a positive outlook. A sustained move above $0.265 could trigger targets in the $0.27–$0.30 range.

Points Investors are Watching

Whether the $0.25 level will hold structurally during U.S. hours. If whales will accumulate beyond the 30 million tokens added in this session. Whether a breakout attempt above $0.265 will open the path to the $0.27–$0.30 range. The impact of the rooted selling (controlled by the largest holders at a rate of 96%) on volatility at breakout levels.

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Dogecoin, DOGE, cryptocurrency, investment, finance

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