Dogecoin Bounce Sparks Hopes of Bullish Wyckoff Rally

TL;DR Wyckoff Spring signals potential DOGE rebound, with short-term price projection targeting $0.25 ￰0￱ wallets holding 100M–1B DOGE increased share to 16.93%, the year’s highest ￰1￱ active addresses spiked in May and June but settled back near 29,700 by ￰2￱ Pattern Points to Short-Term Recovery Dogecoin is showing signs of following a Wyckoff Accumulation pattern on the 1-hour ￰3￱ shared by Trader Tardigrade shows the market moving through phases A and B, where support and resistance levels were tested repeatedly. Notably, the current move appears to be Phase C, which includes a “Spring.” This is a dip below support that often clears weaker positions before a ￰4￱ has bounced from this level, suggesting the possible start of Phase ￰5￱ the structure continues to unfold, Dogecoin may see a Last Point of Support followed by a Sign of ￰6￱ chart projection points to a potential push toward $0.25.) has been adding steadily since August ￰7￱ share has risen to about 16.93% of supply, the highest level shown on the chart.) expanded its share through September, peaking near 17.6%.

Toward the end of the month, this group reduced slightly, suggesting some ￰8￱ data shows the largest whales continue to build positions while smaller groups are less ￰9￱ Addresses Return to Normal Range Daily active addresses for Dogecoin usually sit between 20,000 and 120,000. Days in the middle of May and late June 2025 showed an exception when activity spiked to over 800,000 and 500,000 addresses, respectively.