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buy on weakness
DOGE

Dogecoin Down 9% but Whales Accumulate — Buy on Weakness

I see DOGE trading at $0.23 after a roughly 9% drop following inflation data, but I note significant whale accumulation of over 2 billion coins — a sign that larger holders remain confident despite the pullback.

Technically the picture is mixed: short-term momentum looks weak, yet on-chain accumulation suggests potential base-building. I’ll watch support levels closely and prefer a cautious buy-on-weakness approach with strict risk control.

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Analysis

The decline appears macro-driven with increased volatility; however, large whale purchases and sustained on-chain accumulation indicate institutional-level interest that could underpin a recovery. Sho...

Recommendation

I recommend a buy-on-weakness strategy: accumulate near key support levels with tight stops or wait for a clear technical rebound. Keep position sizes conservative and monitor on-chain whale activity ...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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