DOGE Bulls Face Crucial Test as Whales Accumulate and ETF Inflows Soar

Dogecoin (DOGE) is trading near $0.098 after recovering sharply from its September low of $0.079.

Whales have been accumulating DOGE, with over 1.14 billion coins bought in a recent 96-hour period, worth around $112 million at current prices.

This buying pressure has been accompanied by record weekly net inflows of $2.89 million into U.S. spot Dogecoin ETFs, indicating improving demand for DOGE investment products.

Despite this support, the bulls still need a clean break above $0.10 to push DOGE higher, with around 28 billion coins previously changing hands at this level, creating a significant resistance zone.

If DOGE closes convincingly above $0.098-$0.10 and holds it as support, the next upside targets sit around $0.11 and $0.12.