🔥Whales have purchased up to 1 billion $DOGE in a single day, reflecting as if they are betting on a near-term rebound.
This dense accumulation was raised after a previous decline and may represent a turning point from overselling towards the beginning of a new buying wave.
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$DOGE is moving within a pivotal resistance range at $0.23–$0.24, and the entry of whales at this large scale could break the stalemate soon. If the price manages to hold above $0.235–$0.24, we may see a rise towards $0.27–$0.30. Conversely, if the whales cannot sustain the momentum, a pullback towards $0.21 may occur.
A massive accumulation of whales increases the chances of a price rise.
Technical indicators are optimistic when holding above the current resistance.
The price is still stuck within a pivotal range and has not yet broken a clear resistance.
In the absence of supportive trading volume, the situation may turn into sideways volatility or a quick correction.
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❓In your opinion, do you see #DOGE breaking the resistance at ~$0.24 and starting a bullish wave towards ~$0.30? Or will the momentum fade and it returns to decline? Share your thoughts.
