I am looking at the Dogecoin chart from yesterday — an interesting moment occurred. The price tried to break through the descending triangle on the 12-hour timeframe, but it turned out to be a fakeout. It reached $0.0927, then retreated back to consolidation. It is currently trading around $0.10, but there’s no sign of strength.

Interestingly, major players are clearly preparing something. Whale Alert recorded a massive transfer — over 3 billion DOGE tokens were moved from Robinhood to private wallets. That’s about $295 million at the then-current prices. Such moves usually indicate accumulation before a rally. Traders expected the price to go up when the market revives.

But here’s what’s surprising — institutional investors seem uninterested. The spot ETF for Dogecoin was launched in November 2025, but the fund flows there are weak. Compared to Bitcoin or Ethereum, the interest in meme coins from traditional players is minimal. This could explain why the breakout failed, even though large whales are accumulating.

Analysts say that the key support is at $0.088 — if it holds, they will try again. If broken, the bears will take control. Currently, Dogecoin leads among meme coins by market capitalization, but that doesn’t help prices rise. We are waiting for the next move.