💥#Dogecoin : Whales Drive the Rally

Dogecoin is experiencing a notable bullish momentum, due to a combination of technical signals and the return of whale activity. With the expansion of the weekly Bollinger Bands and the breakout above the 20-week simple moving average at $0.20489, $DOGE shows a strong bullish continuation.

The accumulation by whales, with wallets holding between 100M and 1B DOGE increasing their holdings to 25.36B, underscores a renewed institutional confidence. This interest from large investors, along with the re-entry of a whale with a leveraged position of $21 million, suggests a significant conviction in a price increase towards the resistance zone of $0.27-$0.30.