Dogecoin price shows a pullback within a narrowing range on the 4-hour chart after hitting a high of $0.25 on May 11 as the bulls’ strength lessens.

Dogecoin Price在5月11日達到0.25美元的高價降低後，在4小時榜單上的縮小範圍內顯示了回調。

The meme coin is forming lower highs, leading to the formation of a descending trendline, but strong support around the $0.2183 price point has created a triangle pattern.

模因硬幣正在形成較低的高點，從而形成了下降的趨勢線，但是在$ 0.2183的價格點附近的強大支持卻產生了三角形模式。

This is part of a broader bull flag formation that began with a 53% surge in DOGE last week as it pulled back from the $0.16 zone to reach highs of $0.25.

這是更廣泛的鬥牛旗形成的一部分，該旗幟始於上週的總督湧動53％，因為它從0.16美元的區域撤回，達到0.25美元的高點。

In the present analysis, the price is forming a bullish engulfing candle at the baseline of the flag, with a 3% gain pushing it closer to the apex of the flag. This increases the likelihood of a bullish breakout.

在目前的分析中，價格在國旗的基線上形成了一個看漲的吞噬蠟燭，增益為3％，將其靠近國旗的頂點。這增加了看漲突破的可能性。

As the recent slowdown in price action pushed the Relative Strength Index (RSI) below the midline, a surge in momentum has brought the RSI back to the center, improving the chances of a bullish resolution.

隨著最近的價格動作放緩推動了中線以下的相對強度指數（RSI），勢頭激增使RSI恢復了中心，從而提高了看漲決議的機會。

Meanwhile, the MACD and signal lines are nearing a positive crossover in negative territory, supported by a decline in bearish histogram bars.

同時，MACD和信號線接近負區域的正交叉，支持看跌直方圖桿的下降。

A potential breakout could propel DOGE’s price upward by 53%, targeting the $0.3543 level. However, a breakdown below $0.2183 would invalidate the bull flag pattern, with the price at risk of retesting the $0.20 zone.

潛在的突破可能會使Doge的價格上漲53％，以0.3543美元的水平為目標。但是，低於$ 0.2183的故障將使Bull Flag模式無效，其價格可能會重新測試0.20美元。

Analyst Highlights Whale Accumulation and Network Growth

分析師強調鯨魚的積累和網絡增長

Furthermore, there has been an expansion in Dogecoin’s network and increased interest from whales in recent months.

此外，Dogecoin的網絡已經擴大，最近幾個月對鯨魚的興趣增加了。

According to a recent analysis by crypto analyst Ali Martinez, whales have accumulated more than 1 billion DOGE in the past month, bringing their total holdings to 25.97 billion DOGE.

根據加密分析師阿里·馬丁內斯（Ali Martinez）的最新分析，鯨魚在過去一個月中積累了超過10億個載體，使他們的總持股達到259.7億座。

This significant accumulation by large investors speaks volumes about their growing confidence in Dogecoin’s potential for future gains.

大型投資者的這種重大積累表明了他們對Dogecoin未來收益潛力的日益信心。

Network activity has also surged, with transaction volume nearing $549 million and daily active addresses reaching 69.2k.

網絡活動也激增，交易量接近5.49億美元，每日活動地址達到69.2k。

Together, these metrics suggest a strong underlying trend that could facilitate a successful bull flag breakout and a continuation of Dogecoin’s rally.

這些指標共同表明了強烈的潛在趨勢，可以促進成功的公牛旗幟突破和狗狗幣的延續。

#Dogecoin $DOGE is seeing a rise in active addresses, transaction volume, and whale activity. All bullish signals that could support further upside! pic.twitter.com/pRHObYo60J

#DogeCoin $ Doge看到主動地址，交易量和鯨魚活動的增加。所有可以支持進一步上升空間的看漲信號！ pic.twitter.com/prhobyo60j

— Ali (@ali_charts) May 16, 2025

- 阿里（@ali_charts）2025年5月16日