Dogecoin remained steady near $0.0848 on Monday, as the cryptocurrency held its ground within an ascending price channel following a recent test of key support between $0.080 and $0.082. Analysts pointed to $0.093 as the next major resistance level if current momentum continues. During the price pullback, major wallet holders collectively purchased more than 240 million DOGE over the past week, according to on-chain data compiled by Ali Charts. This wave of accumulation indicates that large investors may be positioning for a potential rebound, taking advantage of prices at the lower boundary of the channel.