Dogecoin Price Testing at Support Levels

Support Levels of Dogecoin are Shaking

Dogecoin price has experienced a 5% decline as institutional selling pressure has broken through critical support levels. This situation has raised concerns among investors.

However, during this process, it is noteworthy that whale investors have been accumulating 4.72 billion DOGE. This may indicate potential future price fluctuations.

While the technical structure of Dogecoin is weakening, the price needs to maintain the 0.1520 USD support level. Otherwise, further losses could occur.