# 🚀 **DOGE Whales Scoop Up 530M Coins as Dogecoin Eyes a $0.30 Comeback**
In the past **72 hours**, Dogecoin (DOGE) whales have accumulated over **530 million coins**, coinciding with a price dip. This strategic buying at lower levels suggests **strong confidence in DOGE’s long-term potential** and could drive the price toward **$0.30** if demand remains high.
## **DOGE Whales Accumulate 530M Coins – Can the Price Reach $0.30?**
According to crypto analyst **Ali Martinez**, large investors have been **actively accumulating DOGE** over the last three days. On-chain data from **Santiment** confirms this buying spree, indicating that institutional and high-net-worth investors are taking advantage of price dips to strengthen their holdings.
While DOGE has faced a **downward trend in recent weeks**, whale accumulation has historically preceded price recoveries. By reducing the available market supply, whales can create **bullish pressure** that supports upward movement. Analysts believe that if current demand persists, **Dogecoin could push toward $0.30** in the coming weeks. However, technical indicators suggest that a **further pullback** might occur before a sustained uptrend.
## **Will DOGE Retrace to $0.125?**
Despite whale buying, some analysts anticipate a **price correction before a major rebound**. **Crypto analyst Dave Hunter**, posting on **TradingView**, predicts a retracement to **$0.125**, identifying it as a key **accumulation zone**.
Hunter notes that **$0.24 serves as a critical resistance level**, where DOGE could face selling pressure before moving lower. If Dogecoin fails to break this barrier, it could trigger further declines, accelerating downward movement as traders liquidate their positions.
Even with this bearish outlook, some investors view a **potential retrace as a buying opportunity**. If DOGE dips near **$0.125**, historical patterns suggest that a **whale-driven rally** could fuel a strong rebound.
## **TD Sequential Buy Signal Hints at a Trend Reversal**
$DOGE
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