Dogecoin Whales Buy $112M as Price Nears Key Resistance

Dogecoin has maintained its upward trajectory, trading near $0.0985 after rebounding from established September support levels.

The cryptocurrency's upward trend remains intact since forming a local bottom close to $0.069 in August, with higher lows and peaks creating a rising trend line indicating ongoing buyer strength.

A key resistance stands at $0.10, which Dogecoin has approached multiple times throughout the current month but has yet to break through decisively. Above this area, the main resistance remains at $0.1174, last rejected by DOGE in May.

Large investors acquired more than 1.14 billion DOGE, worth $112 million, over the last 96 hours, suggesting continued accumulation by major holders even as price approached a supply zone.