🚨🚨 Whale Alert 🚨🚨

🚨🐕 Massive DOGE Transfer? 118M Coins Moved to Binance!

🔍 A significant 118,925,431 DOGE, valued at approximately $13.3 million, has been transferred from an unknown wallet to Binance, one of the largest cryptocurrency exchanges. This massive move, highlighted by Whale Alert, is stirring speculation about its purpose.

📉 DOGE Price Drop

This transfer comes after Dogecoin saw gains following Federal Reserve Chairman Jerome Powell’s comments on potential rate cuts. DOGE peaked at $0.1155 but has since declined by 1.72%, currently at $0.11.

💸 Potential Sell-Off?

Deposits to exchanges often hint at upcoming sales. Is this a sign of a major sell-off or just a big player moving funds? The market is keeping a close eye.

📊 Key Levels to Monitor

- Support: $0.104 and $0.097

- Resistance: Daily SMA 50 at $0.1133

A rebound might lead to a bullish trend, possibly driving DOGE up to $0.14 or even $0.18. Stay updated!#MtGoxRepayments #BinanceLaunchpoolDOGS #TelegramCEO #PowellAtJacksonHole #BinanceBlockchainWeek