Dogecoin Bounce Fuels Optimism for a Bullish Wyckoff Rally

Dogecoin (DOGE) has bounced off key support levels, aligning with the Wyckoff Accumulation pattern and raising hopes for a potential rally toward $0.25–$0.30. Whales are steadily increasing their holdings, and network activity has normalized, adding to the bullish outlook.

Wyckoff Pattern Signals Recovery Potential

Dogecoin appears to be moving through the Wyckoff Accumulation phases on the 1-hour chart. According to analysis shared by Trader Tardigrade:

• The market has already gone through Phases A and B, testing support and resistance zones multiple times.
• The latest dip looks like Phase C’s “Spring,” a temporary drop below support that often shakes out weaker hands before a rebound.
• Price action now suggests the start of Phase D, where a Last Point of Support (LPS) and Sign of Strength (SOS) could emerge.

If this structure plays out, DOGE could retest the $0.25 zone before pushing higher.

Can DOGE break higher? Watch this Wyckoff-based analysis on a possible rally toward $0.25–$0.30.

On the daily chart, Dogecoin is trading inside a rising wedge pattern:

• The lower trendline has been guiding higher lows since June.
• The upper resistance line has capped rallies in May and September around $0.30–$0.32.
• Current projections indicate price may consolidate between $0.24–$0.25 before attempting another breakout.

Failure to hold the wedge would shift focus back to $0.22 support.

Whales Accumulate More DOGE

On-chain data from Santiment highlights growing whale interest:

• Wallets holding 100M–1B DOGE have steadily accumulated since August 2025, now controlling about 16.93% of supply—the highest level recorded.
• Wallets with 1M–10M DOGE also increased holdings through September, peaking at 17.6%, though some trimmed positions toward month-end.

This suggests large whales remain confident, while smaller holders are more opportunistic with profit-taking.

Network Activity Returns to Normal Levels

Dogecoin’s daily active addresses usually range between 20,000–120,000. However, May and June 2025 saw unusual spikes above 800,000 and 500,000 addresses—likely caused by short-term events or anomalies.

By late September, activity normalized to around 29,700 daily active addresses, reflecting a stable and sustainable usage trend for the network.

Outlook: DOGE Eyes $0.25–$0.30

With the Wyckoff pattern unfolding, whales increasing supply, and network activity stabilizing, Dogecoin looks well-positioned for a recovery. If bulls maintain momentum, a push toward $0.25–$0.30 seems likely in the short term.

A breakdown below the wedge, however, could test $0.22 support before any further upside attempts.

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