Dogecoin giant whale bought 800 million DOGE! Is the surge or a bull market trap? Dogecoin has been sticking to key support levels after weeks of market volatility, with potential rebound. After recovering the $0.15 mark, Dogecoin bulls are seeking to accumulate momentum, and $0.17 will become the next major resistance level to break through. Successfully breaking through this mark may confirm the rebound and lead the surge in MEME coins. Data shows that Dogecoin Whale has held more than 800 million DOGE in the past 48 hours. The surge in whale purchasing activities indicates that large institutions are preparing for the price increase, and Dogecoin's next round of increase is coming soon. However, due to global macroeconomic tensions, crypto market conditions are difficult to predict. If Dogecoin wants to confirm a recovery and rebound, the bulls must maintain their current level and break through the near-term resistance level in the next few days. Dogecoin faces key resistance as whales increase their holdings Dogecoin successfully broke through $0.17 and could start to rise to $0.20, the highest level since early April. If Dogecoin falls below the $0.15 mark, the downside risk will increase significantly, bearish pressure may intensify, and Dogecoin is likely to fall to $0.13 or even lower. Since Dogecoin is at a critical turning point, trading volume and on-chain data indicate Dogecoin's upward potential, but it must be confirmed by breaking through the current resistance level by price. Dogecoin is currently at a key point. After a strong rebound in recent lows, Dogecoin has successfully recovered the $0.15 mark, but if Dogecoin wants to rebound, it must break through the $0.17-0.18 range in the next few days. #DOGE