Dogecoin has dropped 9% in the past seven days, trading around $0.08. Despite this decline, whales have accumulated over 240 million DOGE, worth nearly $20 million, controlling 12% of the circulating supply. The RSI has reached extreme oversold territory at 9, while exchange outflows significantly exceed inflows, reducing immediate selling pressure. Analysts anticipate a rebound toward $0.093, potentially rising to the $0.10 psychological level on a bullish breakout, with some projecting a surge to new all-time highs above $1.
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