Dogecoin Flashes Buy Signal at $0.08 as Whales Accumulate: What’s Next?

Dogecoin (DOGE) is currently showing signs of a potential rebound from the $0.08 support level, with analysts noting that the TD Sequential indicator has flashed a buy signal. On-chain data indicates that approximately 36 billion DOGE changed hands around this price, and whales have accumulated about 600 million DOGE since October 12. If the support holds, a rebound towards $0.17 is anticipated, although there is significant overhead supply at that level due to nearly 14 billion DOGE acquired around $0.17.