#TokenMovementSignals $DOGE

Key Support and Resistance Levels:

Resistance Levels:

First Resistance: $0.2542

Second Resistance: $0.2711

Third Resistance: $0.2807

Support Levels:

First Support: $0.2277

Second Support: $0.2181

Third Support: $0.2013

These levels are derived from recent market data and can serve as potential decision points for traders.

Whale Activity:

Recent on-chain data indicates a significant decline in large Dogecoin transactions, suggesting reduced activity among major holders. Notably, weekly transactions exceeding $100,000 have decreased from 20,200 in early November 2024 to 6,200 by mid-February 2025.

However, on February 20, 2025, a substantial movement occurred when an anonymous whale transferred 100 million DOGE (approximately $25.42 million) to Binance.

This combination of reduced large-scale transactions and occasional significant transfers may influence Dogecoin's price dynamics in the near term.

Investors should monitor these support and resistance levels, along with whale activity, to make informed trading decisions.