Dogecoin holds $ 0.25 support while whales add 30m Doge to the middle of the ‘Ascending Triangle’ pattern

Dogecoin has weakened early volatility before adjusting to a tight band, with an institutional flow of support of support near $ 0.251. Whales and mid-tier wallets boost handling, sign of accumulation as technical patterns compress to an ascending triangle. Entrepreneurs are now watching if $ 0.25 can harden a launch base towards $ 0.27- $ 0.30.

News background

DOGE exchanged a 5.3% range from 24 hours until October 6, 03:00, moving between $ 0.265 and $ 0.251. The token opened at $ 0.258, rallied briefly to $ 0.264, then faded in the afternoon selling pressure.
In the latter session, the support will be held firm at the $ 0.251- $ 0.252 zone as a purchase of interest stabilizing prices near $ 0.254. On-chain data has shown mid-tier wallets added 30m Doge, which increases their combined handling to 10.77B tokens, while top 1% addresses are now controlling 96% of the supply.

Summary of price action

• DOGE SWUNG by a $ 0.014 corridor, which peeked at $ 0.265 and dropped to $ 0.251.
• The Japanese sale drags the price of lower, but $ 0.251- $ 0.252 support will be held in the long purchase.
• Late trading stabilizes the price at $ 0.254, indicating the formation of the floor.
• The final 60 minutes saw a sale at $ 0.2540 followed by a moderate rebound, with a volume of 5.2m and spiking at 33.1m during the extermination.

Technical analysis

• The main support is anchored at $ 0.251- $ 0.252, where consumers repeatedly defend the dips. The resistance sits at $ 0.265, with advances in promoting income.
• The structure reflects the strict integration -included within an ascending triangle, which is confirmed by the accumulation signals.
• On-chain metrics suggest positioning moves toward large holders, boosting bullish setup. A decisive move above $ 0.265 can trigger targets at $ 0.27- $ 0.30 zone.

What entrepreneurs are watching?

• If $ 0.25 continues to hold as floor structure at the US time.
• If the whales expand the accumulation beyond the 30m token added this session.
• A breakout attempt above $ 0.265 to open the path to $ 0.27- $ 0.30.
• The effect of concentrated supply (96% with top holders) on volatility around breakout levels.