Dogecoin Price Prediction: Market Braces For Breakout With $812M Options Spike

• Dogecoin price today consolidates near $0.20 with buyers defending $0.197 support as a wedge breakout looms.
• Options volume spikes to $812M, the largest this month, signaling renewed speculative positioning for upside.
• Exchange flows remain muted, leaving $0.214 resistance as the key breakout trigger for the next rally.

Dogecoin price today trades near $0.20, holding steady as traders weigh whether the recent pullback is a normal pause or the start of a deeper correction. Market action has tightened around the $0.197 support, while exchange flows and derivatives data reveal a divided sentiment across the board.

Buyers Defend $0.20 Floor Ahead Of Breakout Test

On the 4-hour chart, Dogecoin price action sits inside a narrow ascending channel after reclaiming ground from its October lows. The 20, 50, and 100 EMAs between $…

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