{"12374b607e2756aef677527a58b5df8f":" Dogecoin ($DOGE) is experiencing significant market volatility as whale activity shakes short-term price dynamics. According to analyst Ali Martinez, wallets holding between 1 million and 10 million DOGE have sold approximately 40 million tokens in the last 24 hours. ","2bfecdbd050f77d52c903731204db6dd":" This large-scale selling contributed to Dogecoin\u2019s sharp correction from its mid-September high near $0.299, bringing the price down to $0.223. Consequently, the token broke below the $0.24 support level, revealing the next critical level around $0.218.","f8901f7fa1402953972ba6d909b0cedd":" Key Support and Resistance Levels","0d196dee49ccaab40b657fe093cb41f4":" Ali Martinez identifies $0.20 as a key support level for Dogecoin. DOGE\u2019s UTXO Realized Price Distribution shows over 12.7 billion DOGE (8.46% of the circulating supply) have accumulated around this price. Maintaining above $0.20 could boost bullish momentum, potentially pushing DOGE toward resistance levels at $0.24 and $0.27.","f1af1a9c7f1a634bbc199763e69c2635":" Source:X","322a28379a6fbae6a2ff7b1441ed4c4b":" Conversely, a decisive break below $0.20 may trigger panic selling, pushing prices as low as $0.15. Traders should watch this zone closely, as it may define whether the market consolidates or faces deeper corrections.","9bec81911855a9bcb51f4e91cdfac721":" Trader Tardigrade points to another layer of support with the 150-day exponential moving average (EMA), currently near $0.22. Dogecoin has repeatedly rebounded from this level, showing persistent buying interest despite broader market pullbacks. ","035c71c65fb6c08de7b4a3efaf47219d":" The 150 EMA acts as a dynamic floor, limiting deeper declines while signaling ongoing accumulation. If daily closes stay above this support, consolidation with a positive bias remains likely. However, a clean break below $0.22 could expose the $0.20 support, testing the market\u2019s resilience further.","a2c845e6f51bf37f751c4206e720d67e":" Positive Catalysts on the Horizon","5e3e2bdf9b6aafb84fbb024a771f7fb1":" Despite recent selling pressure, Dogecoin\u2019s daily performance shows resilience. Atpress time, DOGE trades at $0.2299, reflecting a 0.13% increase over 24 hours. Market activity remains robust, with a 24-hour trading volume exceeding $1.7 billion. ","c6868b3ee5019647abd38993c742f129":" Additionally, momentum could accelerate with upcoming ETF approvals. The 21Shares spot-based DOGE ETF recently listed on the Depository Trust & Clearing Corporation (DTCC), signaling broader adoption. The U.S. SEC is reviewing new ETF applications from Grayscale and Bitwise, with final decisions expected by October 17."}