Dogecoin weathered early volatility before sitting down in a tight bond, with institutional streams anchoring support near $ 0.251. Whales and in the middle of wallets increased inventory and signalized accumulation as technical patterns compressing to a rising triangle. Dealers now see if $ 0.25 can harden to a launch base against $ 0.27- $ 0.30.
News Background
DOGE traded a 5.3% area for 24 hours to 6 October 03:00 and moved between $ 0.265 and $ 0.251. The token opened at $ 0.258, gathered briefly to $ 0.264 and then disappeared for afternoon’s sales pressure.
At late session, support held on to $ 0.251- $ 0.252 zone as buying interest rates stabilized price near $ 0.254. Data on the chain showed in the middle of the wallets added 30 m DOGE, lifting their combined possessions to 10.77B tokens, while the top 1% now addresses control over 96% of the supply.
Summary of Price Action
- DOGE swung through a $ 0.014 corridor and topped at $ 0.265 and bottomed at $ 0.251.
- Afternoon sales drew the price lower but $ 0.251- $ 0.252 support held on renewable purchases.
- Late trade stabilized price at $ 0.254, which is suggested by flooring.
- Final 60 minutes experienced a sale of $ 0.2540 followed by a modest rebound, with volumes an average of 5.2 m and spiking to $ 33.1 million. During liquidation.
Technical analysis
- Key support is anchored at $ 0.251- $ 0.252, with buyers repeatedly defending dips. Resistance is at $ 0.265, with profit that stops progress.
- The structure reflects tight consolidation inside an increasing triangle, confirmed by accumulation signals.
- On-chain measurements suggest that positioning is changing against large holders, strengthening the bullish setup. A decisive feature above $ 0.265 could trigger targets in $ 0.27- $ 0.30 zone.
Which dealers are looking at?
- If $ 0.25 continues to hold as the structural floor in us hours.
- Whether whales extend the accumulation beyond the 30 m -tokens added this session.
- A breakout attempt over $ 0.265 to open the path against $ 0.27- $ 0.30.
- The effect of concentrated supply (96% with top holders) on volatility around breakout levels.
