Dogecoin Under Whale Selling Pressure

🟠On Tuesday, Dogecoin fell 2.3% to $0.1827, breaking below the key support level of $0.1830 as large holders distributed tokens and long-term investors exited positions. On-chain data confirmed that mid-sized investors sold roughly 440 million DOGE over three days — the largest outflow in a month.

🟠The technical setup remains bearish: after forming a “death cross,” the price is trading below both the 50- and 200-day moving averages. The next key support zone lies between $0.177 and $0.179, where significant liquidity clusters. Analysts note that only a decisive recovery above $0.186 could ease the downward pressure and reignite buyer interest.