Dogecoin whales are hoarding 1 billion coins! $0.3 is just the starting point, an epic rebound is imminent!
After a violent surge of nearly 50%, DOGE has reached a decisive moment—the $0.22-$0.23 demand zone has become the dividing line for bulls and bears. Holding this level opens up upward potential, while losing it could lead to a retracement to the 200-day moving average ($0.195).
Whales are crazily bottom-fishing, with 1 billion DOGE movements
On-chain data shows that a mysterious large holder has been sweeping up 1 billion DOGE (worth over $230 million) in the past month, setting the largest accumulation record of 2024! Notably:
- The average cost for the whales is $0.18-$0.22, and the current price is still 15% lower
- Historical data: whales typically see an average surge of 170% within 90 days after accumulating
- A similar signal in 2021 triggered a 300% increase
The 4-hour chart shows DOGE is building a bottom at $0.22-$0.23, with the daily chart "ascending triangle" formation nearing completion:
✅ Breaking through $0.26 will open up the $0.3-$0.35 range
❌ Losing the $0.22 level will lead to a look at the 200-day moving average support
Trading volume reveals clues: a 300% surge in volume when breaking through $0.2, and the recent decrease in volume during the pullback is a healthy consolidation. While the market is still observing, whales have already voted with real money—historical patterns are reappearing, are you ready to follow?
