DOGE sinks to $0.18 as accumulation by long-term holders unwinds and a death-cross emerges.

Dogecoin Drops Below Support as Whales Sell and Technicals Flash Bearish Signals

Dogecoin (DOGE) fell 2.3% to $0.1827 on Tuesday, breaking below key support at $0.1830 as whale selling intensified and long-term holders began offloading positions. The move extended DOGE’s losing streak to a third consecutive session of lower highs, signaling renewed downside pressure.

Whales Lead the Pullback

On-chain data revealed a surge in large-scale selling. Mid-tier whales holding between 10 million and 100 million DOGE sold roughly 440 million tokens over the past 72 hours. Meanwhile, the Hodler Net Position Change metric showed 22 million DOGE in outflows — a 36% reversal from accumulation trends and the steepest shift in nearly a month.

The data points to a clear behavioral turn among long-term holders, moving from accumulation to liquidation as technical conditions worsened.

Bearish Structure in Focus

Technically, DOGE has entered a confirmed bearish phase after breaching the $0.1830 floor. A “death cross” between the 50-day and 200-day EMAs emerged in late October, while the 100-day EMA is nearing a similar cross, reinforcing downside bias.

Liquidity maps show about 3.78 billion DOGE concentrated between $0.177–$0.179, a key defense zone for bulls. Volume spikes — including a 274 million DOGE turnover followed by a 15 million burst during the selloff — suggest that distribution could be approaching its final stage before a potential stabilization phase.

Outlook and Key Levels

Traders now view the $0.1830–$0.1850 range as the immediate pivot zone. Failure to defend $0.177 could accelerate losses toward $0.14, the next major liquidity pocket.

Analysts note that a reclaim of $0.1860 with strong volume would be required to invalidate the current bearish setup. Until then, short-term rallies are being treated as exit opportunities rather than reversal signals.

Whale activity remains the key indicator to watch. A sharp drop in large transactions could mark the end of the distribution cycle and the start of fresh accumulation near cost-basis support.