$DOGE DOGE has fallen from $0.73 to around $0.09 and has stayed down for more than three months. The fear index is 12, and retail investors are extremely pessimistic, but on-chain data tells a completely different story: active addresses have surged 28% in a week, whales have added 470 million DOGE in three days, and DOGE continues to flow from exchanges to cold wallets. The stagnation in on-chain live trading price is ironclad proof of quiet accumulation at the bottom. The long/short contract ratio has already fallen below 1, and the funding rate has turned negative—meaning shorts are highly crowded. Meanwhile, the large investor long/short ratio is as high as 3.31: smart money is deploying on both sides, and the long/short structure is severely mismatched. Once price breaks above $0.10, it could move through a vacuum directly to $0.15–$0.16, with more than 60% upside.

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