Dogecoin Gains Momentum as Traders Tilt Long and Whales Accumulate

Leveraged traders increased their long exposure to Dogecoin on USDT‑margined futures, lifting the long‑position share to about 70.2%, while Bitcoin’s long ratio slipped to roughly 61.8%.

Technical analysis shows a rare monthly TD Sequential buy signal at the key $0.056 support level. The cryptocurrency is trading near $0.0733, with a 24‑hour volume of $619.5 million and a market capitalization of $11.37 billion, marking a 6.08% price gain.

Large‑holder (whale) wallets bought roughly 1 billion DOGE in a single day, valued at about $70 million, indicating renewed confidence among major investors. Analysts cite $0.16 as the near‑term resistance target and $0.45 as the upper bound of the long‑term price channel.