Markets· ★★★· bearish·

Dogecoin drops 11% this week as whale balances shrink by 100M DOGE

  • —DOGE trades near $0.085 after a weekly decline of over 11%
  • —Wallets holding 1–100 million DOGE cut balances by 100 million tokens since Tuesday
  • —RSI near 40 and MACD below zero and its signal line keep sellers in control
  • —A break below $0.084 opens $0.078 and $0.070, resistance begins at $0.086
Why it matters: Reduced exposure among large holders adds supply pressure; holding $0.084 will determine whether DOGE stabilizes or extends losses.
Source: CoinJournal