Markets· ★★· bearish·

Dogecoin tests $0.0800 support as ETF outflows and whale selling weigh

  • —DOGE ETFs recorded $399,460 in outflows on Monday, down from net-zero inflows last week
  • —Whales holding over 100 million DOGE now control 69.74% of supply, down from 70.02% on September 1
  • —DOGE trades below its 50-day EMA at $0.0876 and 200-day EMA at $0.0923, with RSI near 39
  • —A break below $0.0800 could extend losses to $0.0683, implying over 15% downside
Why it matters: ETF redemptions and shrinking whale positions point to weak institutional demand for DOGE, making the $0.0800 level the key near-term test.
#DOGE
Source: FXStreet Crypto
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