$CAKE Dogecoin (DOGE) Shows Signs of Recovery as Whale Accumulation and Active Addresses Surge

Large DOGE wallet holdings rise, signaling growing confidence from institutional investors.

Active Dogecoin addresses hit 4-month highs, reflecting increased utility and adoption.

DOGE nears oversold RSI levels, suggesting a potential price rebound if selling slows.

Dogecoin (DOGE) has faced significant pressure in the last two months, following the broader crypto market retracement. Despite the price decline, market analysts have identified key trends suggesting a potential recovery.