Markets

Hold On to Your Hats, Here’s What You Need to Know:
So, Dogecoin had a little temper tantrum (whatās new, right?) but somehow managed to find its footing at a cool $0.251. The big money guys-aka the āinstitutionsā (fancy, huh?)-jumped in, giving it the support it needed to steady itself. Phew!
And guess what? Whales and those middle-tier folks have been stockpiling DOGE like itās the next big thing. Theyāre forming an āascending triangleā pattern, which sounds as fancy as it is. The question on everyoneās lips: Can $0.25 be the launch pad to a moon landing of $0.27-$0.30? Only time will tell, but it’s definitely worth watching.
Dogecoin had a brief hissy fit earlier (donāt we all?) but found a soft spot at $0.251. With institutional flows and a boatload of whales tossing their money around, weāre seeing a classic āascending triangleā pattern forming. Thatās right, folks-buy the dips, sell the rips! š³šø
Breaking News-Well, Kinda:
On October 6, at exactly 3:00 AM (because that’s when all the crazy things happen, right?), DOGE traded within a 5.3% range, bouncing from $0.265 to $0.251. It started at $0.258, made a tiny dash to $0.264, then got tired and faded into a sell-off. Classic move.
But wait, donāt cry for DOGE! The buying interest came in like a knight in shining armor, propping the price back up to $0.254. Mid-tier wallets added a solid 30 million DOGE, and now they’ve got 10.77 billion tokens. Talk about going big or going home, huh?
- Dogecoin zigzagged like a drunken squirrel, peaking at $0.265 and bottoming out at $0.251. Weāve all been there.
- Afternoon panic hit the price, but $0.251-$0.252 put up a good fight. Hold the line!
- By late trading, the price hit $0.254-basically a soft landing after a rollercoaster ride.
- In the final hour, there was a quick dip to $0.2540, followed by a mini rebound. Volume got wild, spiking to 33.1 million during the liquidation. Everyone loves a little drama, right?
Technical Stuff (Don’t Worry, Youāll Survive):
- Support levels are at $0.251-$0.252. Buyers are holding tight like theyāve found the holy grail of DOGE prices.
- Resistance is still sitting pretty at $0.265. But donāt get too comfy-profit-taking is a real mood killer.
- The marketās basically a high school dance, with all the big guys slowly moving in. The bullish setup is real, but letās see if they can break past $0.265 and take it to $0.27-$0.30.
What Are the Traders Watching? (Spoiler: Itās Not The Weather):
- If $0.25 can keep holding like your grandmaās homemade cookies.
- Whether the whales add more DOGE to their shopping carts. 30 million is just a start!
- If we can break the $0.265 ceiling and head towards $0.27-$0.30. Itās a long shot, but we love a good underdog story.
- How will the 96% supply control by top holders mess with the price? Think of it as a game of musical chairs with way too many zeros.
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2025-10-06 09:10