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Top market analyst Ali Martinez said whales have bought well over 500 million Dogecoin since March 31. The buying came as DOGE traded near $0.094 in a narrow range. Analysts tracked firm support near $0.09, resistance near $0.095, and a possible move toward $0.10.
Martinez said large holders quietly accumulated well over 500 million DOGE despite flat price action. The move pointed to solid demand for the meme coin during a slow period.
The buying followed another major accumulation phase last month. At that time, whales bought 470 million DOGE in 72 hours, signaling continued confidence from major holders.
At the same time, analyst Ace said Dogecoin remained range-bound with low volatility. He placed resistance between $0.09413 and $0.09562 and support between $0.08817 and $0.08928.
Ace said sellers continued to defend the upper band, while buyers held the lower zone. In turn, that two-way absorption created a stable floor and kept price swings contained.
Can steady whale demand at support finally push DOGE back above $0.10? That question stayed in focus as traders watched for a break from the current range.
Meanwhile, the text said Dogecoin still draws strength from cultural moments and social media buzz. Elon Musk’s revival of the “Dogefather” meme renewed community excitement around the token.
The same text said such events may not trigger instant price spikes. Even so, they can keep investor interest alive and maintain engagement across the Dogecoin community.
Read More: Dogecoin Stalls Below $0.091 as Bearish Signals Build Near Breakout
Kriss Pax said Dogecoin has been inside a symmetrical triangle for two months. He also said strong support sits at $0.09 while market sentiment and trading volume remain low.
He added that DOGE could post big gains, though those gains could reverse quickly. Still, he said quick drops would likely attract buyers, and his chart pointed to $0.10 in the short term.
Elsewhere, analyst CW said DOGE was nearing the end of its descending channel. He said a breakout would signal a trend reversal and could mark the start of an uptrend this week.
Meanwhile, the Composite Trader said a major move is coming, though it could break lower first. He said DOGE has compressed for 60 days, building higher lows, lower highs, and both sides of liquidity.
He added that the first high-timeframe move will likely be a fake. For now, he said he is monitoring lower timeframes for an entry, with room left for higher-timeframe targets.
The Dogecoin price remained trapped in a tight range even as whales accumulated over 500 million DOGE since March 31. Analysts continued to watch firm support near $0.09 and a possible breakout toward $0.10. The main takeaway is clear: traders are watching whether steady buying can finally break the current stalemate.
