Analysts: Whales May Be Positioning for DOGE to Break Resistance Levels, Buying Approximately $112 Million Over the Past 96 Hours
Crypto analyst Ali posted on X that Dogecoin has reached a key resistance zone around $0.098, with roughly 28 billion DOGE previously traded near this level. Meanwhile, whales continue to accumulate. Over the past 96 hours, large holders have cumulatively purchased over 1.14 billion DOGE, valued at approximately $112 million. Ali added that whales appear to be positioning for a DOGE breakout above the current resistance level.