BEARISH 📉 : Dogecoin whale activity drops 94%, testing key support levels

Dogecoin (DOGE) is experiencing a critical phase around the $0.10 support level:

DOGE is currently at a technical support line, with its price hovering in the low-$0.10s range.
On-chain whale activity has decreased significantly, with large transactions dropping by 94.6% over four weeks.
The $0.10–$0.12 zone is identified as a key support area; failure to hold could lead to further declines.
The cryptocurrency's performance remains heavily linked to Bitcoin's [https://holder.io/coins/btc/] movements.
A potential rebound might occur if the macroeconomic environment becomes favorable for risk assets.
Traders are monitoring whether DOGE can maintain this support zone and attract renewed interest from large holders.

At the time of writing, DOGE is trading at $0.121.