DOGE Faces Downside Pressure as Whale Accumulation Intensifies
Dogecoin (DOGE) has been feeling the pressure from institutional trends and cautious sentiment, causing its price to edge down near $0.07 this week.
A decline of more than 2% reflects whale positioning and a tight market environment, keeping traders focused on accumulation moves and upcoming institutional catalysts ahead.
The technical structure is cautious with the price below longer moving averages and momentum indicators showing persistent selling pressure.
The expected range for the coming week is $0.06749 to $0.07097, with a 65% probability of further downside if $0.06904 support breaks.