Dogecoin experienced a significant drop below its crucial support level of $0.15, marking the lowest price point in months. While this decline raises concerns about potential future weakness, on-chain data suggests that whales are accumulating more tokens and a shift towards positive exchange flows is signaling a potential reversal. This dynamic creates a mixed picture for Dogecoin’s trajectory. Despite the market downturn, which has triggered fears across the crypto world, significant whale accumulation and a reversal in exchange flows offer hope for a potential relief rally. The question now lies in whether this bullish signal will be enough to counter existing bearish sentiment. A crucial catalyst could emerge with upcoming regulatory milestones that might propel Dogecoin toward increased institutional adoption.