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Significant Dogecoin Transactions Indicate Potential Market Volatility

$DOGE - SELL

Reason: With the increase in whale activity potentially driving the price of DOGE downwards towards the 200-day Moving Average, as well as the unsupportive critical 100-day EMA, a sell action may mitigate risk of decline in value.

Signal strength: HIGH

Signal time: 2024-05-08 10:52:19 GMT

#TechnicalAnalysis #WhaleActivity #EMA #DOGEUSDT #SignalAlert

Always DYOR. It’s not a financial advice, but our POV on the most likely asset move amid the event. What’s yours?