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Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers Newsbtc vor 2 Wochen

Dogecoin Traders Remain Extremely Bullish Despite Price Crash, Here Are The Numbers 🐶

Dogecoin Ali Martinez Bitcoin Binance

Dogecoin has seen a 14.5% decline over the past week, yet traders display remarkable bullish sentiment. On Binance, 81.05% of traders expect Dogecoin's price to rise, with a substantial 90.43% holding long positions in perpetual contracts.

Despite resistance at $0.40, the focus has shifted to maintaining support above $0.30. Holding above this threshold is crucial for preserving the bullish narrative, preventing potential corrections to $0.25.

Whales, holding 10 million to 100 million DOGE, have increased their token holdings by 470 million in just 48 hours. This accumulation underscores confidence in long-term potential amid anticipated market recovery.

Quelle: www.newsbtc.com ↗

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