1 billion Dogecoin was swept up by whales, is this wave going to take off?

Market Movement

On-chain data shows that a large holder just bought 1 billion DOGE at once, attracting significant attention from the market.

1. Signal of main players entering the market?

Operations of this scale are usually not something ordinary players can engage in. The capital mostly has medium-term holding intentions, and there may be undisclosed potential news behind it.

2. What is the short-term pressure for Dogecoin?

The current range shows clear fluctuations, with key resistance above around 0.18. If it breaks through with volume, it may open up upward space above 0.2.

3. Pay attention to the rhythm, don’t chase blindly

Although the main players' buying is a positive signal, it is not advisable to blindly chase after the rise until the market confirms. In the short term, pay attention to the support situation around 0.16.

Operational Advice: Spot Traders: Try with light positions, don’t chase highs

Contract Traders: Pay attention to volume breakthrough signals and set stop losses

Long-term Bullish: Hold coins and wait for a rise, but control positions