DOGE Rally Hit $0.20 Den Stop as Whales Dey Accumulate
Dogecoin (DOGE) climb 5% reach one session high of $0.200 on August 3 before e close for $0.198. The spike na come because plenty accumulation and big holders dem activity, with volume waka for breakout levels like $0.194, $0.196 and $0.198. But DOGE no fit hold pass $0.20 resistance, e turn back for late trading show say e fit enter consolidation phase. Traders dey eye make e try $0.20 again to run up to $0.206–$0.212, but if e commot below $0.189 e fit start fall come go $0.14–$0.12. Meanwhile, market wide still flat, Bitcoin (BTC) and Ether (ETH) dey sidon small as meme coins dey attract retail and institutional money. No fit keep momentum pass important resistance mean say short-term pressure dey na distribution level despite the bullish signals wey the whales send.
Neutral
Even tho DOGE don see strong accumulation and rally attempts by big holders, di fail to maintain pass di critical $0.20 resistance mean say di market dey enter consolidation phase rather dan clear bullish continuation. Volume spike wen key breakouts happen dey hint distribution for later trading, just like before wen short-lived whale-led rallies meet resistance and lead to sideways movement. For short term, traders fit expect say price go dey range between $0.189 and $0.20. For long term, if $0.20 fit hold well after retest, e fit bring back bullish momentum, but until dat one happen, market stability around di current level dey show neutral outlook.