🚀 $DOGE drops by 8% to $0.1939, but whales take the opportunity to accumulate 310M DOGE

📊 Current price & technical structure

Current price: $0.1939

Intraday range: $0.1893 – $0.2032

Dogecoin fell from $0.22 after breaking $0.21 with strong volume, but found key support between $0.19 and $0.20. The RSI (42.5) points to a touch of oversold territory, typical before technical bounces.

⚙️ Key factors

Positions in futures were liquidated due to its ~8% drop, reaching volumes of 1.25B DOGE, nearly three times the daily average.

Intrachain data reveals that 310 million DOGE were transferred to institutional wallets during the pullback, a sign of strategic accumulation.

Bit Origin acquired 40.5M DOGE (~$500M USD) as part of its corporate strategy. This pushes the narrative of structural trust in DOGE as liquid treasury.

🔧 Technical levels of the day

📌 Key support: $0.189–$0.190 (50-period SMA and range base)

📌 Immediate resistance: $0.21–$0.22 (liquidity zone and Fibonacci)

🎯 Critical area: sustainable close above $0.20 suggests a possible bounce towards $0.22–$0.23, or even $0.25 if accumulation continues.

🌐 Institutional outlook / macro view

Although we have seen volatility, institutional inflow reveals that DOGE is considered more than a meme: it is transitioning into an asset with corporate interest and real volume. Technical support and on-chain volume support the hypothesis of strategic buying at current levels.

Would you buy DOGE near $0.19 if it promises a bounce potential to $0.25–$0.30? Vote 👍 for yes, 👎 to wait for confirmation.

🔔 Stay updated with our daily analyses and real-time alerts:

#DOGE #Dogecoin #CryptoVision #AnálisisTécnico #DogecoinRebound