Dogecoin (DOGE) is testing the $0.22 support level after a 1.52% drop in the past 24 hours, bringing its weekly decline to 16.25%. Analysts are monitoring this critical level, with some predicting a potential rebound to $0.29 if the support holds. Notably, whale activity has surged, with large holders accumulating $2 billion in DOGE over the last 48 hours. The recent listing of the 21Shares Dogecoin ETF on the DTCC highlights growing institutional interest in the cryptocurrency. However, analysts remain divided, with some anticipating a further dip to $0.21 before any significant recovery.