#Dogecoin bleeds 14% in June with $132 mln in unrealized losses - What now
DOGE traders sat on $132 million in unrealized losses, yet short volumes remained dominant.
Whale-driven accumulation has slowed, leaving retail traders to battle out the current directional pressure.
Dogecoin DOGE saw barely any movement on the surface on the 30th of June, but underneath, tension brewed.
While the memecoin’s weekly gains hovered around 5.47%, it has bled over 14% in the past month, and signs point to more downside.
Analysis showed that a clear direction for DOGE remains uncertain, as both bulls and bears continue to battle over the memecoin’s next move.
