📉 WHALES $DOGE BUYING THE DIP OR EXITING? SPOT FLOWS PLUNGED 599% 🐕
Over the week, the net spot flow for $DOGE plunged by nearly 600%. More than $538 million was withdrawn from exchanges, compared with $480 million in deposits.
When outflows exceed inflows during a market downturn, it usually means whales are buying the dip and moving coins to cold wallets. The price has now bounced off $0.081 and is trying to hold above $0.086.
📊 Setup:
Entry: $0.0840 – $0.0860
TP: $0.0925
SL: $0.0805
#Dogecoin #DOGE #CryptoNews #trading #BinanceSquare
Over the week, the net spot flow for $DOGE plunged by nearly 600%. More than $538 million was withdrawn from exchanges, compared with $480 million in deposits.
When outflows exceed inflows during a market downturn, it usually means whales are buying the dip and moving coins to cold wallets. The price has now bounced off $0.081 and is trying to hold above $0.086.
📊 Setup:
Entry: $0.0840 – $0.0860
TP: $0.0925
SL: $0.0805
#Dogecoin #DOGE #CryptoNews #trading #BinanceSquare