Dogecoin (DOGE) is holding above $0.095 as whale wallets grow and Open Interest climbs, with traders watching the $0.10 resistance level closely.
Dogecoin has spent weeks in a tight range after falling roughly 60% from its October highs. The coin hit a low near $0.080 in early February and has traded sideways since then.
The $0.10 level has acted as a ceiling. A downward resistance trendline, connecting the January 6 and April 17 highs, runs right through that zone.
DOGE is currently trading above the 50-day Exponential Moving Average (EMA), which sits at $0.0958. That level is now acting as near-term support.
The MACD indicator is holding just above its signal line on the daily chart. The RSI has moved up to 56, showing some positive momentum without being overbought.
On-chain data from Santiment shows 4,920 whale wallets now hold between 1 million and 100 million DOGE. That is up from 4,872 on January 7.
The rise in whale wallets, while DOGE price has stayed flat, points to dip-buying from larger investors. Whales appear to be accumulating during the sideways phase.
On the derivatives side, DOGE futures Open Interest rose about 3% in 24 hours to $1.37 billion, according to CoinGlass. The funding rate stands at 0.0051%, meaning buyers are paying a small premium to hold long positions.
Analyst Ali Charts posted that the level he is watching most closely is $0.1018. He said he wants to see a sustained four-hour close above that level, backed by rising volume, before calling it a confirmed breakout. His technical target for that move is $0.1172, which aligns with the top of a key channel.
The level I’m watching most closely for Dogecoin $DOGE is $0.1018. I want to see a sustained four-hour close above this resistance, backed by rising volume, to confirm the bullish breakout.
If we reclaim that level, my technical target for the move is $0.1172, which aligns with… https://t.co/T0SiTPJWmu pic.twitter.com/qWPwVkl1h1
— Ali Charts (@alicharts) April 26, 2026
French analyst Tagado Bitcoin and Crypto has highlighted $0.15 as a key level. According to his view, reclaiming that range could open the path toward $0.25.
Trader Celal Kucuker pointed to the MACD and a breakout from a weekly downward channel as signs that downward pressure has weakened.
Another market participant, LilacWish, noted that breaking the descending channel around $0.095 was the signal many had been waiting for.
A break above $0.10 would open the door to $0.116, the December 31 low, and then the 200-day EMA at $0.128.
On the downside, a daily close below the 50-day EMA at $0.095 would weaken the recovery case. That would put the February lows of $0.087 and $0.080 back in focus.
Open Interest currently sits at $1.37 billion, with net long positions continuing to build.
The post Dogecoin (DOGE) Price: Whales Are Buying the Dip — Here’s What the Data Shows appeared first on CoinCentral.
