Could Whale Activity Signal a Bullish Surge for Dogecoin?

Whales' interest could shift token's sentiment positively

• #Dogecoin (DOGE) price has remained below $0.1800 for over a month, suggesting potential for a strong rebound and a fresh rally.

• Over the last seven days, DOGE's price has exhibited sideways movement, indicating consolidation.

• On the daily chart, DOGE is currently trading within a triangle pattern, finding support from a trendline.

• After experiencing a three-day decline, DOGE formed a Spinning Top Black Pattern.

• According to Coingabbar Analysis, If bulls manage to breach the upper trendline, it could lead to a monthly close above the local highs at $0.2000.

• Conversely, if bears breach the support level, it may cause DOGE to drop as low as $0.1200.

KEY LEVELS :

RESISTANCE LEVEL : $0.17500-$0.20000

SUPPORT LEVEL : $0.14000-$0.12000

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