Dogecoin Faces 8% Drop as Whales Sell Off at $0.27 Resistance — Key Support Holds Near $0.25

Dogecoin (DOGE) slipped 8% in Tuesday’s volatile session as whales unloaded large holdings into the $0.27 resistance zone. Despite a sharp sell-off, the meme coin found renewed strength near $0.25, suggesting potential accumulation at lower levels. Over a billion tokens were liquidated during intraday trading, but late-session inflows from institutional wallets hinted at a possible base forming.

The broader market backdrop remains challenging. Global traders now price in nearly 98% odds of monetary easing by year-end, a dynamic fueling both risk-taking and volatility across crypto markets. As a high-beta token, DOGE tends to amplify these liquidity shifts. Meanwhile, institutional attention continues to grow thanks to ETF filings from firms like Grayscale and Bitwise. Even if focus remains on Bitcoin and Ethereum, Dogecoin’s inclusion in the ETF conversation underscores its expanding liquidity profile beyond retail speculation.

Mining investments have also surged through 2025, quietly reinforcing long-term confidence in the network’s infrastructure. Increased capital inflows into DOGE mining help stabilize supply distribution and may signal bullish sentiment among whales.

Price-wise, the $0.27 ceiling remains the defining resistance, confirmed by a heavy 632.9 million volume rejection. The steepest sell-off occurred between 13:00 and 15:00 UTC, when DOGE plunged 5% in two hours. However, strong buying at $0.25 prevented further losses, triggering short covering and a modest late rebound. A double-bottom pattern near midnight hinted at early technical support.

Traders are now eyeing whether $0.25 can sustain as the structural floor or if a deeper dip toward $0.24 emerges. A break above $0.27 could shift sentiment bullish, setting sights on the $0.30–$0.47 breakout range. Until then, Dogecoin remains range-bound but poised for volatility amid whale positioning and macroeconomic crosscurrents.