Significant DOGE whale buying of 1 billion tokens coincides with pivotal support development.

Dogecoin (DOGE) remains steady near the $0.212 support level despite experiencing a 4.3% price swing, hinting at a possible upward trajectory.

Amid ongoing geopolitical tensions and shifting trade dynamics, DOGE continues to showcase resilience within a challenging market environment.

The meme coin has held above key moving averages while carving out a potential bull flag formation, which could lead to a rally toward $0.35 if buying momentum persists.

Technical Overview:

• Over the last 24 hours, DOGE traded within a 4.3% range between $0.211 and $0.220, establishing a firm support zone around $0.212, confirmed by strong volume rebounds at 13:00 and 22:00.
• The price pattern reveals a bullish recovery starting at 16:00, with resistance forming near $0.217 to $0.220.
• A notable volume surge at 20:00 exceeded the 24-hour average, signaling renewed buyer interest.
• In the past hour, DOGE climbed from $0.215 to $0.216, with volume spikes recorded at 01:17, 01:21, and 01:54-01:55.
• Early trading saw a strong support build around $0.215, followed by a breakout accompanied by an 8 million volume surge at 01:16-01:17.
• The emergence of higher lows suggests an ascending trend culminating in a resistance test between $0.216 and $0.217.
• Heavy trading volume exceeding 7 million at 02:01-02:02 confirms strong demand and hints at further upward potential.