Massive LINK and DOGE Longs Signal Aggressive Whale Positioning

Whales open major LINK and DOGE longs, with DOGE trading near $0.1012 as traders watch support at $0.095 and resistance near $0.120.

Two whale wallets have built large long exposures in Dogecoin and Chainlink while DOGE trades near $0.1012.

The positions include active longs and new limit orders, but DOGE’s daily chart remains weak below key resistance, with traders watching support near $0.095 and momentum signals for confirmation.

Whales Build Large LINK and DOGE Long Positions

Two whale wallets have opened large long positions in Dogecoin and Chainlink. The wallet 0x3109 has opened longs on 27.38 million DOGE, worth about $2.75 million.

The same wallet has also opened longs on 162,670 LINK, valued near $1.53 million. These positions show clear exposure to both assets during a weak market phase.

The whale has also placed limit orders for more long entries. These orders include 33.46 million DOGE, worth about $3.31 million.

The wallet also placed orders for 515,120 LINK, valued near $4.73 million. If filled, the total exposure would rise across both tokens.

Another wallet, 0x5687, has also opened long positions. It holds longs on 10.21 million DOGE, worth about $1.03 million.

The same address has opened longs on 108,430 LINK, valued near $1.02 million. It also placed new limit orders for more exposure.

Those orders include 14.66 million DOGE, worth about $1.45 million. The wallet also placed orders for 336,280 LINK, valued near $3.09 million.

Dogecoin Price Remains Below Key Resistance

Dogecoin/USD is trading near $0.1012 on the daily chart. The broader trend remains weak after DOGE failed to hold major Fibonacci levels.

DOGE remains below the 0.786 Fibonacci retracement near $0.1546. That level may now act as resistance during any recovery attempt.

The price has also struggled to reclaim the $0.1163 area. This zone is important because it marks a key structure level on the chart.

Immediate support sits between $0.095 and $0.100. A daily close below this area may expose DOGE to fresh selling pressure.

The next downside levels are near $0.085 and $0.075. These areas could become active if the current support zone fails.

Resistance is seen near $0.1163 and $0.1546. A daily close above $0.120 would be an early sign of short-term strength.

A stronger bullish shift would need DOGE to reclaim $0.1546. Until then, rebounds may remain relief moves inside a larger downtrend.

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Technical Signals Stay Mixed as LINK Demand Grows

DOGE momentum indicators still show limited buyer strength. The MACD remains weak and close to the zero line.

The MACD line is below the signal line. This reading suggests that bearish momentum is still present on the daily chart.

The RSI is near 42.37, while its moving average is around 51.10. This shows DOGE remains below neutral momentum.

A move above RSI 50 could support a stronger recovery case. Until then, traders may watch support and volume closely.

DOGE/USD daily chart shows Fibonacci, MACD, and RSI levels. Source: TradingView

The whale activity in LINK and DOGE may reflect growing risk appetite among large traders. However, price confirmation remains important.

The long positions show that whales are adding exposure before clear chart recovery. This creates a contrast between positioning and technical weakness.

Market participants are now watching whether DOGE can hold $0.095 to $0.100. They are also watching if LINK demand continues through filled limit orders.

The current setup shows aggressive whale buying, but DOGE still faces key resistance. Price action will decide whether these longs gain support.

The post Massive LINK and DOGE Longs Signal Aggressive Whale Positioning appeared first on Live Bitcoin News.