Dogecoin (DOGE) has declined by over 4% to a crucial level, currently facing resistance at 0.2867 USD. Whale holdings, representing 81% of the total supply, have surged to approximately 122.59 billion tokens. Retail investors maintain steady holdings of around 2.47 billion DOGE after recent sell-offs.
The price struggles against a declining trend, with a potential drop to 0.2145 USD if support at 0.2590 USD fails. Despite reduced bullish momentum indicated by MACD and RSI, a Golden Cross pattern suggests the possibility of short-term recovery.
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