DOGE Targets Rebound as Whales Hold Record 130 Billion Tokens

Dogecoin's price has been consolidating near key support levels after a pullback from $0.09500, and some technical indicators suggest it may be due for a rebound.

The TD Sequential buy signal on the four-hour chart is a bullish sign that has preceded recoveries of 6.96%, 2.71%, and 11.25% in previous instances.

However, the Relative Strength Index remains below 50 at 44.50, showing selling pressure still dominates.

The 200 EMA at $0.08284 has emerged as a critical dynamic support level that DOGE needs to retain for a constructive technical picture and allow a recovery attempt.