Dogecoin Bounce Sparks Hopes of Bullish Wyckoff Rally

TL;DR

• Wyckoff Spring signals potential DOGE rebound, with short-term price projection targeting $0.25 resistance.
• Whale wallets holding 100M–1B DOGE increased share to 16.93%, the year’s highest level.
• Dogecoin active addresses spiked in May and June but settled back near 29,700 by September.

Wyckoff Pattern Points to Short-Term Recovery

Dogecoin is showing signs of following a Wyckoff Accumulation pattern on the 1-hour chart. Analysis shared by Trader Tardigrade shows the market moving through phases A and B, where support and resistance levels were tested repeatedly.