TechFlow, May 26 — According to CoinDesk, technically, DOGE has successfully broken through the key resistance level of $0.220 and established a new support at $0.225, with significantly increased trading volume exceeding 300M for several consecutive hours. The candlestick pattern shows a classic "bull flag" formation, suggesting the upward trend may continue.
From a capital flow perspective, the behavior of large holders is noteworthy. Over the past month, whale addresses have accumulated over 1 billion DOGE, indicating growing confidence among institutional investors.
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