Overview

• DOGE fell about 5% to near $0.22 after a rejection at $0.25, consolidating in a 4-hour symmetrical triangle with support around $0.22 and resistance at $0.24–$0.25.
• On-chain watchers traced a 900 million DOGE transfer to Binance worth over $200 million, a flow viewed by some as potential short-term distribution pressure.
• Daily trading volume surged roughly 128% to about $3.8 billion during the pullback, indicating elevated participation as the pattern compresses.
• Futures open interest declined around 8% to below $3.5 billion, signaling reduced leveraged positioning as markets await confirmation of direction.
• Analysts map two paths: a break above $0.25 could target about $0.26–$0.31, while a drop below $0.22 risks $0.21–$0.19; sector news includes Thumzup’s $50 million Dogehash acquisition.