DOGE Price Holds Strong at $0.19 Support as Smart Money Buys Before Major Breakout

Dogecoin (DOGE) is demonstrating significant strength by maintaining its crucial $0.19 support level. On-chain data reveals that sophisticated investors, often referred to as 'smart money,' are actively accumulating DOGE tokens in anticipation of an upcoming price breakout. This accumulation pattern typically precedes substantial market movements, suggesting growing confidence among institutional and experienced traders. The current consolidation phase around the $0.19 base indicates potential for upward momentum as buying pressure increases from knowledgeable market participants positioning themselves ahead of expected volatility.