Crypto Express

07/11 05:27

Are spot buyers laying the foundation for a strong

Are spot buyers laying the foundation for a stronger Dogecoin rally?

Over the last 90 days, DOGE’s cumulative volume delta (CVD) on spot markets has consistently leaned in favor of taker buys, suggesting that aggressive buyers continue to dominate. 

This buyer dominance strengthens the possibility of continuation, as it reflects confidence even during corrective phases.

Historically, such dominance has aligned with short-term upward breakouts, particularly when combined with bullish technical patterns. 

Therefore, the sustained pressure from spot buyers supports a bullish outlook. However, a weakening in this volume profile could expose DOGE to downside risks if bulls fail to clear key resistance levels.

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