Dogecoin has started to show signs of recovery after a weak stretch that pushed DOGE price lower across the past week. DOGE currently trades around $0.094, holding slightly above recent lows after bouncing from a three-day decline. That move comes after the price slipped from a weekly high near $0.104, which shows that sellers still remain active at higher levels.
Fresh data now adds more context to this setup. Large holders accumulated over 470 million DOGE within 72 hours, which stands out given the recent pullback. That activity becomes important when combined with a technical signal highlighted by Ali Charts, who pointed to a potential relief rally forming on the weekly timeframe.
Recent price action shows DOGE struggling to maintain strength earlier in the week before losing momentum. The move from $0.104 down to $0.094 reflects a rejection at higher levels, which often appears when broader market conditions remain uncertain.
The Federal Reserve decision to maintain interest rates played a role in cooling demand for risk assets. DOGE followed that pattern, as capital pulled back across several altcoins during the same period.
Despite that decline, the last 24 hours show a small recovery of about 0.75%. Price moved within a narrow range between $0.093 and $0.095, which indicates that volatility has started to slow down. Trading volume also dropped by over 30%, which shows reduced short-term participation.
Ali Charts pointed to a TD Sequential buy signal on the weekly chart, which often appears near the end of a downward phase. A look at the DOGE weekly chart shows a series of declining candles that gradually lost strength before forming a more balanced structure near current levels.
That signal works by identifying exhaustion in selling pressure. When the sequence completes, it often marks a point where sellers lose control and buyers begin to step in. The recent candles on the chart show smaller bodies and less aggressive downside movement, which supports that idea.
DOGE price currently sits near $0.094, which aligns with a zone where the market has started to stabilize. The chart also shows that previous attempts to push lower have weakened, which gives room for a short term recovery if buyers continue to defend this level.
The next key area sits closer to $0.10 and $0.11. A move back into that region would confirm that the current base is holding and that momentum is starting to improve.
Data shared by BSC News shows that large holders accumulated more than 470 million DOGE within a short period. That type of accumulation often appears when price trades near lower levels after a pullback.
The timing of this accumulation becomes important because it aligns with the technical signal identified on the chart. Large wallets tend to build positions during quieter periods instead of chasing strong upward moves.
A possible target near $0.15 has been discussed based on this activity. That level would represent a recovery toward previous highs seen earlier in the cycle.
DOGE price now sits at a point where direction will depend on whether buyers maintain control of the current support zone. A steady move above $0.10 would open the path toward higher levels, especially if volume begins to recover.
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Failure to hold above $0.09 could lead to another test of lower levels, which would delay any recovery attempt. Market conditions across the broader crypto space will also play a role as liquidity continues to influence altcoin performance.
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The post Dogecoin Price Turns Bullish as Whales Make a Big Bet On DOGE appeared first on CaptainAltcoin.


