Whale liquidations and macro jitters spark volatility, but technical levels hold firm near $0.18
Dogecoin (DOGE) stabilized near $0.187 after a volatile trading session that saw prices swing over 7%, following reports of large-scale whale liquidations totaling more than $74 million. The selloff, triggered by broader tariff-related macro concerns, tested the resilience of DOGE’s current support levels and investor sentiment heading into the final quarter of 2025.
According to market data, DOGE briefly fell toward the $0.18 demand zone, a level that has historically acted as a strong base during previous corrections. The token quickly rebounded intraday, reflecting buyer accumulation at key technical levels. BITX Analysts suggest that the decline was largely driven by high-leverage positions being unwound, alongside risk-off sentiment spilling over from equity and commodity markets.
“The current move reflects more of a liquidity flush than a structural breakdown,” According to BITX technical strategists. “DOGE continues to trade within a broader consolidation range, and maintaining support above $0.18 could provide a springboard for recovery if macro headwinds ease.”
On the chart, Dogecoin remains capped below the $0.25–$0.28 resistance band, where selling activity from earlier this month halted upside attempts. The $0.18–$0.20 range now serves as a crucial pivot zone, with traders watching for a confirmed higher low to signal renewed bullish strength.
Despite near-term weakness, market sentiment remains cautiously optimistic. Blockchain data shows steady network activity and minor inflows to long-term wallets, indicating that retail participants continue to view the pullback as an accumulation opportunity. “Dogecoin’s long-term trend remains intact as long as it holds above the $0.17 handle,” According to BITX analysts. “Institutional positioning appears reactive rather than fundamentally bearish.”
The market now awaits a fresh catalyst—potentially macro policy clarity or ecosystem updates—to determine whether DOGE can regain momentum.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.