DOGE's recent market movement has changed the game. When the price broke above $0.14, all previous bearish structures were completely invalidated.

Many people only saw a 20% increase over the past 7 days and started to FOMO, but the real signals are actually hidden in the data. On the day it broke through $0.14, the trading volume reached 1.5 times the 20-day average—this level of volume is definitely not driven by retail investors, it must be large institutional funds entering the market. I checked the on-chain activity, and in recent days, multiple large addresses holding over 1 billion DOGE have been continuously increasing their holdings, with total holdings surpassing $200 million. This is the true driving force behind the price surge.

From a technical perspective, besides the positive signals from the RSI indicator, there is an easily overlooked detail—DOGE’s 5-day moving average has successfully crossed above the 10-day and 20-day moving averages, forming a classic golden cross pattern. Traders familiar with technical analysis know what a short-term moving average golden cross signifies: the short-term trend has completely reversed, and the bearish momentum is fully suppressed. More importantly, the 5-day moving average now forms a new support zone around $0.15. As long as this support holds, the upward trend can continue.

The $0.14 level was originally a key resistance point, having been tested three times without breaking through. The fact that it can now hold steady and continue upward indicates that the market structure has shifted from bearish to bullish. Next, it’s crucial to monitor whether the $0.15 support can be maintained, and where the subsequent resistance levels are—these are key factors in judging how far this crypto market rebound can go.