DOGE slides 7% as whale-linked selling pushes price below $0.13

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Source: CryptoNewsNet Original Title: DOGE slides 7% as whale-linked selling pushes price below $0.13 Original Link: Dogecoin slipped as traders continued rotating out of higher-beta names, with memecoins underperforming broader crypto through the session.

News Background

The immediate catalyst wasn’t a fresh headline, but positioning around a large exchange-bound DOGE transfer that resurfaced as price failed to regain higher levels.

Once DOGE rejected the $0.15 area earlier this month, confidence thinned quickly. As price slipped back toward $0.13, sellers pressed the move and forced a technical break, flushing out weak longs before the market attempted to stabilize.

That pattern — rejection at resistance, followed by a sharp liquidation-driven slide — has become familiar across memecoins during periods of fading risk appetite.

Technical Analysis

DOGE broke down from repeated failures near $0.137–$0.138, accelerating lower as selling intensified. The move extended to a low near $0.125, before bids emerged around $0.127, where price has since stabilized.

DOGE-6,83%
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