DOGE whales stacked 160M coins in 96 hours — is the $0.13 breakout next?

Large Dogecoin holders accumulated roughly 160 million DOGE — about $18 million — in the 96 hours ending May 4, pushing the token above the $0.11 resistance level that had capped it for months. On-chain data from Santiment confirmed the move, with large-holder balances climbing from 17.82 billion to 18.15 billion DOGE; whales now control around 11% of circulating supply.

Derivatives markets are leaning in the same direction: DOGE open interest jumped nearly 30% to $1.77 billion over the past week, and the long/short ratio hit 1.8. MACD and Stochastic RSI flashed simultaneous buy signals, a confluence traders tend to treat seriously. Bitcoin reclaiming $80,000 provided macro tailwind, but the DOGE move appears self-propelled.

The structure is bullish while $0.109 holds as support. $0.12 is the next meaningful resistance; clearing it opens a path toward $0.13. The caveat: RSI is already…