Dogecoin Gains 5.5% as Large Investors Step In, Fueling Positive Momentum

In a volatile market shaped by geopolitical tensions and economic uncertainty, Dogecoin (DOGE) continues to show resilience, supported by strong buying activity from large holders and solid technical footing.

While the broader crypto market faces downward pressure amid global trade disputes, DOGE has staged a notable recovery. After dipping to $0.220 earlier today, it quickly bounced back to establish firm support around $0.222, with trading volumes nearly twice the daily average signaling robust investor interest.

This movement forms a higher low pattern, indicating growing bullish momentum despite ongoing macroeconomic headwinds.

Technical Snapshot:

DOGE rebounded from a low of $0.220 at 1:00 AM, climbing to a high of $0.232 by 1:00 PM, marking a 5.45% increase over 12 hours.
The surge in volume at 1:00 AM reached approximately 393 million DOGE, almost double the 24-hour average, reinforcing support at $0.222.
Buying pressure remained consistent throughout the morning, with DOGE holding above the $0.227 resistance from 7:00 AM onwards.
The 1:00 PM candle saw a volume spike of 558 million DOGE, pointing to possible institutional accumulation.
Bullish momentum continued, with DOGE climbing from $0.228 to a peak of $0.232175 at 1:19 PM.
Volume spikes at 1:08–1:10 PM (75 million combined) and at 1:13 PM (21 million) highlight sustained whale interest.
A brief pullback started at 1:33 PM, with the price retreating to $0.228 by 1:51 PM, before stabilizing at $0.229 at session close.
This price consolidation above $0.228 suggests the upward trend is holding firm, with the $0.232 resistance level now in focus for the next move.