base-pidgin

Dogecoin whales have accumulated over 90 million DOGE in 48 hours, sparking hopes of a price breakout. Key highlights:

- Whale accumulation and rising address activity suggest a potential breakout
- Dogecoin's price action is tightly coiled within a bullish pennant pattern
- Critical resistance level stands at $0.366, which could launch a rally towards $0.50
- Mixed technical signals and low transaction counts highlight caution

A breakout above $0.366 could ignite the next bullish phase, but sustained buying interest is needed to turn the tide.