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Dogecoin (CRYPTO: DOGE) is trading near a critical long-term support zone, with whale accumulation and on-chain data pointing to a potential inflection point for the meme coin.
DOGE Testing Key Level
Crypto chart analyst Ali Martinez said on June 8 that DOGE is testing the $0.081 level, a key area that aligns with the lower mid-range boundary of a multi-year parallel channel that has guided price action since 2021.
According to on-chain data, more than 30 billion DOGE last changed hands near this price …
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