Recent data suggests Dogecoin (DOGE) has established a strong support level around $0.212, marked by heightened trading volume indicating increased buying activity. On-chain analysis reveals that large investors, known as whales, have accumulated more than 1 billion DOGE over the past month, bringing their total holdings to approximately 25.97 billion DOGE. This accumulation suggests potential preparation for a price increase. Currently, DOGE is trading within a range of $0.215 to $0.22, and technical indicators point towards an upward trend. Analysts believe that if buying interest persists, DOGE could break through the current resistance levels and aim for a price target of $0.35.