DOGE Holds Bullish Structure as Whales Shed $40M Ahead of Possible Breakout

Dogecoin has entered a critical consolidation phase below $0.26 resistance after experiencing an 18% drop since its May 10th local high, according to CoinDesk Research's technical analysis data model.Recent whale activity shows 170 million tokens worth over $40 million were shed in the past few days, potentially setting up for the next major breakout. Dogecoin's recent price action shows a clear bull flag pattern forming after its impressive rally that began in early April source: https://www.coindesk.com/markets/2025/05/21/doge-holds-bullish-structure-as-whales-shed-usd40m-ahead-of-possible-breakout