Dogecoin's recent trend is really eye-catching.

Why do you say that? The on-chain data is starting to speak - the number of new entrants is increasing, and the accumulation signals are becoming more obvious with each other. Now everyone is asking the same question: how far can this rally go?

Judging from the K-line, the change has come out. The price is holding firm above the falling wedge and is currently trading at $0.147, with buyers building the last line of defense before the breakout. More importantly, DOGE climbed out of the bottom of the wedge and stepped back to test the upper boundary, which made the $0.145 position incredibly strong. The bulls now have a real foothold.

There is another detail in the technical form: the low is rising step by step. What does this mean? In the short term, buying forces are gathering. Once the $0.155 mark is broken, the upper space is basically open, and the first target is $0.181. If the intermediate resistance can be stabilized, $0.20 is not a fantasy - that is a 37% increase from the support zone.

The MACD is also cooperating. The green column is getting thicker day by day, and the fast line is steadily pressed on the slow line, and the standard long line is arranged. This signal is usually not deceiving, it is telling you: market sentiment is warming up, and more and more people are beginning to believe that this breakout is not a fake. The resonance of indicators in multiple dimensions is consistent with the prediction logic of those who are optimistic about DOGE for a long time, and risk appetite is clearly rebounding.

The most ruthless thing is the actions of the giant whales. 480 million DOGE were directly swept within 48 hours, and this chip absorption is no joke.