- Whale buys 8.04M $SUNDOG, fueling bullish sentiment and price rally.
- Despite low volume, $SUNDOG surges 10.32%, indicating rising demand.
- Key support at $0.0500, resistance at $0.0571 signals potential breakout.
A notable crypto whale continues to make headlines after aggressively accumulating SUNDOG tokens for the third consecutive day. According to LookOnChain data, the whale added another 2.55 million SUNDOG tokens on April 25, spending 536,000 TRX, valued at approximately $132,000. This follows earlier activity on April 23, where the same investor acquired 4.33 million SUNDOG within a 13-hour window, spending 930,600 TRX, or $228,600.
In total, this whale has now invested 1.73 million TRX around $425,000 over the past three days to secure 8.04 million SUNDOG tokens. The consistent buying pressure from this investor appears to have significantly influenced market sentiment, contributing to a noticeable price rally.
This whale spent another 536,000 $TRX($132K) to buy 2.55M $SUNDOG today.
— Lookonchain (@lookonchain) April 25, 2025
Over the past 3 days, this whale has spent a total of 1.73M $TRX($425K) to buy 8.04M $SUNDOG. https://t.co/dOViezlLHE pic.twitter.com/ArHw58lGde
Bullish Momentum Builds Despite Low Volume
SUNDOG’s price performance over the past 24 hours has been impressive. The token surged by 10.32%, pushing its value to $0.05714.
Earlier in the day, it briefly dipped to the $0.0500 range before rebounding strongly in the second half of the session. This type of price movement a strong rebound after a short-term pullback suggests the presence of confident buyers stepping in after consolidation.
Significantly, this upward price movement came despite a 22.02% drop in 24-hour trading volume. This divergence points to rising demand with fewer sellers, a scenario that often precedes a breakout. With momentum indicators flashing bullish signals, the overall market outlook for SUNDOG appears optimistic in the near term.
Key Levels and Indicators Support the Uptrend
Support for SUNDOG is now clearly established around $0.0500 a psychological level and the day’s intraday low. Additionally, the $0.0518–$0.0520 zone, which previously acted as resistance, has now flipped to support after the breakout.
On the upside, the immediate resistance sits at $0.0571, the current daily high. A sustained move above this level could lead to further gains, potentially targeting resistance levels visible on longer time frames.
From a technical perspective, indicators align with the bullish narrative. The MACD has formed a bullish crossover, and the histogram continues to rise, showing growing momentum. Meanwhile, the RSI sits at 61.36, pointing to strong buying interest without entering overbought territory.
