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Dogecoin price nears $0.097 demand zone amid whale accumulation and retail pullback

Technical Signals
29 May 2026
AMBCrypto
View Source
Neutral
pluang ai news

Dogecoin (DOGE) experienced a sharp price correction after a strong rally, now approaching a key $0.097 demand zone where buyers might regain control. While retail participation has dropped to its lowest, indicated by a fall in active addresses, whale activity is increasing with more wallets holding over $100K USD, suggesting accumulation by larger investors. The next price move depends on how DOGE reacts at this demand level; a strong bounce could confirm a healthy retracement within an ongoing uptrend, while failure may lead to a deeper correction. The long-term bullish trend remains intact but is currently being tested.

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