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Dogecoin: A 25% rally in sight! – But first, DOGE must clear THIS…

2min Read

DOGE traders stack longs and pull tokens off exchanges, here’s why..

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  • DOGE traders built $22.64 million in Long Liquidation Leverage, with positions concentrated between $0.1876 and $0.1984.
  • A daily close above $0.1985 could open the gates for a 25% rally toward $0.25.

Dogecoin [DOGE] has reclaimed market attention after a clean breakout past local resistance.  But just as momentum turned bullish, the following injected a dose of caution into the mix.

Read on to know more about what AMBCrypto analysts think of DOGE’s price action!

Optimism was rising… until THIS happened!

A massive 155 million DOGE was moved to Robinhood by an unidentified whale, according to Whale Alert.

Naturally, such transfers tend to raise eyebrows, especially when they follow a rally.

While the move hasn’t been confirmed as a sell-off, the timing has sparked anxiety among traders watching for exit liquidity plays.

In crypto, whales moving tokens to centralized exchanges often signal an intent to sell. That, in turn, can weaken bullish conviction—unless there’s counterpressure from retail or derivative markets.

Fear the whale, but follow the data…

While closely analyzing traders’ and investors’ activity, it appears they have been betting on the bullish side and accumulating the token, according to CoinGlass.

At press time, DOGE held $22.64 million in Long Liquidation Leverage, significantly outweighing the $18.85 million in Short Liquidation Leverage.

Most of this leverage is concentrated on the $0.1876 to $0.1984 levels.

DOGE Exchange Liquidation Map

Source: CoinGlass

If price continues upward, this cluster could act as a liquidation magnet, potentially triggering a short squeeze and fueling further upside.

Moreover, at the time of analysis, the Cumulative Long Liquidation Leverage was notably heavy on Binance and Bybit, suggesting high conviction across major platforms.

Additionally, spot market data provides reinforcement.

Data revealed that over the past 24 hours, exchanges recorded an outflow of $6.32 million worth of DOGE memecoins.

DOGE Spot Inflow/Outflow

Source: CoinGlass

This substantial outflow, following the breakout and shift in market sentiment, suggests potential accumulation and could trigger buying pressure and an upside rally.

When combining these metrics with recent transactions, it appears that the bulls have been dominating, and the impact is evident in the meme coin’s price.

6.5% in 24 hours—just the warm-up?

At press time, Dogecoin traded around $0.195, climbing over 6.5% in the past 24 hours.

Naturally, the move drew attention from traders and investors alike, with trading volume jumping 65% during the same window.

According to AMBCrypto’s chart analysis, DOGE appears bullish and is on the verge of a massive upside rally.

Following the breakout of the descending trendline, the memecoin rallied 5% and reached a local resistance level of $0.196, which it appears poised to breach soon.

Dogecoin (DOGE) price action

Source: TradingView

Having said that, the bigger test lies just ahead.

If DOGE closes a daily candle above $0.1985, the setup could trigger a sharp move toward $0.25—a possible 25% surge from current levels.

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Vivaan Acharya Journalist at AMBCrypto is a Mumbai-based crypto journalist with five years of real-world experience covering technology and finance. With a Master’s in Economics from the University of Delhi, he cut his teeth at a major financial daily where he honed his skills in data analysis and technical chart analysis while decoding market trends and corporate earnings. In 2018, Vivaan pivoted to the cryptocurrency space, authoring a thesis on "Payments and Stablecoin Integration in Banking" that set the stage for his deep dives into Bitcoin market analysis, Altcoin analysis, stable coin ecosystem development analysis, and studies of emerging crypto regulations. Known for his clear, no-nonsense approach, Vivaan blends robust research with straightforward explanations to demystify complex blockchain topics. His analytical insights empower readers to confidently navigate the fast-evolving digital finance landscape.
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