Holds $0.16 Support as Profit-Taking Caps Breakout
Dogecoin edged 0.5% lower to $0.1657 in Wednesday’s session as institutional flows rotated near resistance following a 104% volume spike above daily averages. The token defended its ascending channel structure despite distribution pressure at the upper boundary, keeping short-term bias neutral-to-bullish above $0.16. News Background Institutional positioning continued to define DOGE’s intraday structure. Large-cap holders…