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Bitcoinist
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Dogecoin’s Supply Dynamics Shifts – Here Are The Key Levels To Watch Out For
- Dogecoin is facing bearish pressure and struggles to regain upward momentum.
- Over 7% of DOGE's supply is concentrated at the $0.20 level, which could serve as resistance.
- A potential breakout is hinted when volume picks up and resistance levels are breached.
- 15% of DOGE's supply was last moved 6 to 12 months ago, indicating strong conviction among holders.
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