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日达到0.25美元的高价降低后，在4小时榜单上的缩小范围内显示了回调。

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.

模因硬币正在形成较低的高点，从而形成了下降的趋势线，但是在$ 0.2183的价格点附近的强大支持却产生了三角形模式。

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.

这是更广泛的斗牛旗形成的一部分，该旗帜始于上周的总督涌动53％，因为它从0.16美元的区域撤回，达到0.25美元的高点。

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，价格在国旗的基线上形成了一个看涨的吞噬蜡烛，增益为3％，将其靠近国旗的顶点。这增加了看涨突破的可能性。

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.

随着最近的价格动作放缓推动了中线以下的相对强度指数（RSI），势头激增使RSI恢复了中心，从而提高了看涨决议的机会。

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

同时，MACD和信号线接近负区域的正交叉，支持看跌直方图杆的下降。

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.

潜在的突破可能会使Doge的价格上涨53％，以0.3543美元的水平为目标。但是，低于$ 0.2183的故障将使Bull Flag模式无效，其价格可能会重新测试0.20美元。

Analyst Highlights Whale Accumulation and Network Growth

分析师强调鲸鱼的积累和网络增长

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

此外，Dogecoin的网络已经扩大，最近几个月对鲸鱼的兴趣增加了。

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.

根据加密分析师阿里·马丁内斯（Ali Martinez）的最新分析，鲸鱼在过去一个月中积累了超过10亿个载体，使他们的总持股达到259.7亿座。

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

大型投资者的这种重大积累表明了他们对Dogecoin未来收益潜力的日益信心。

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

网络活动也激增，交易量接近5.49亿美元，每日活动地址达到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.

这些指标共同表明了强烈的潜在趋势，可以促进成功的公牛旗帜突破和狗狗币的延续。

#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看到主动地址，交易量和鲸鱼活动的增加。所有可以支持进一步上升空间的看涨信号！ pic.twitter.com/prhobyo60j

— Ali (@ali_charts) May 16, 2025

- 阿里（@ali_charts）2025年5月16日