Despite the recent pullback in the price of DOGE, the market still shows optimistic sentiment. An industry expert pointed out that DOGE is currently exhibiting a bullish double bottom pattern, likely to aim for a target price of $0.30.

Recently, the cryptocurrency market has experienced fluctuations due to the U.S. Producer Price Index (PPI) report. However, large investors (commonly known as "whales") seem to be largely unaffected. It is reported that in the past week, these big players have accumulated over 200 billion DOGE, demonstrating their continued confidence in the coin.

The price of DOGE has shown significant volatility over the past seven days, fluctuating between $0.22 and $0.247. As of the latest market data, the trading price of DOGE is $0.23, down 6% from 24 hours ago.

It is worth noting that although the price has experienced a pullback, the trading activity of DOGE has increased. Data shows that its 24-hour trading volume has risen by 20%, reflecting a strong interest from investors and traders in this coin.

As market attention continues to heat up, how will the future trend of DOGE evolve? Will it be able to break through the current resistance level and achieve the expert's target of $0.30? These questions are worth close attention. In any case, when making any investment decisions, investors should fully recognize the high-risk characteristics of the cryptocurrency market and proceed with caution.