🚨 $DOGE on the Edge? 🐶📉 Or prepping for a comeback? Let’s break it down 👇
After tumbling from $0.43, #Dogecoin has been stuck in a downtrend. As of now, it’s trading around $0.1726 — down 4.2% over the week. But don’t let the red distract you. 📊
Despite recent declines, buyers are quietly stepping back in. We’re seeing:
✔️ 748.7M DOGE bought vs 730M sold — net buy pressure ✅
✔️ Options volume up 34%, and spot/futures activity dominated by longs (69.7%)
✔️ Negative netflow = tokens moving off exchanges — classic sign of accumulation 🧠
✔️ Stock-to-Flow ratio at 79 — DOGE is getting scarce 🧊
What does this all mean? Retail + whales are buying the dip and moving DOGE to cold wallets. This could be the calm before the pump. 🌀
If momentum continues, DOGE might retest $0.187 soon. But if bulls don’t show up in force, we may revisit $0.165.
Watch volume, netflow & long/short ratio. For now, DOGE looks like it’s loading up for something bigger. 🔍