Dogecoin (DOGE) Rally Lacks Retail Mania – And That Might Be Bullish

The crypto market failed to sustain the bullish momentum over the weekend, which prompted Dogecoin (DOGE), along with several top assets, to record significant ￰0￱ OG meme coin, for one, fell by more than 11% over the past week, dragging it to under $0.24. But data suggest that smart money is quietly loading DOGE, and a late retail stampede could create a perfect setup for massive ￰1￱ Missing in Action DOGE appears to be in a phase where smart money, rather than retail traders, is driving the current price ￰2￱ to CryptoQuant’s Futures Retail Activity metric, which gauges retail investor enthusiasm, it remains in a neutral ￰3￱ means that there are no signs of frenzy just yet.

Historically, spikes in this metric have coincided with sharp price ￰4￱ instance, May 2021 saw DOGE hit $0.69 before a steep correction, while November 2022 peaked at $0.14 before dropping to $0.06, and late 2024 surged to $0.46 before falling to $0.14. With retail participation still subdued, the absence of speculative mania suggests DOGE may have further upside potential before the next overheated wave ￰5￱ setup implies that the “train” might continue its journey and leave room for additional gains if retail investors eventually return to the market, thereby acting as the final push before a cycle ￰6￱ Gains For Dogecoin? DOGE had recently climbed to a seven-month high after reaching $0.30.

The uptrend was short-lived as it fell over the ￰7￱ setback trapped the price below a crucial resistance area, following which analyst ‘Trader Tardigrade’ believes that DOGE has entered a higher consolidation ￰8￱ to the trader, a clean breach through the $0.28-$0.32 concentration would confirm the breakout and likely open the door for the next leg ￰9￱ market watcher observed that DOGE is seeing a recurring pattern of descending trendline breakouts followed by explosive ￰10￱ setups preceded the 2021 surge, when the meme coin rocketed after breaking a multi-year ￰11￱ current price action shows that the groundwork for a potential new bull run may be ￰12￱ DOGE holds above resistance levels and market conditions align, it could see a rally reminiscent of 2021.