“DOGE Falls 8% Before Whale Purchases Halt Decline at $0.25”

Dogecoin Slides 8% Before Whales Step In to Stabilize Price at $0.25
8/10/2025

Dogecoin (DOGE) tumbled 8% on Tuesday as whales sold into $0.27 resistance, briefly pushing the token lower before buying pressure emerged near $0.25. A billion-token liquidation marked the session’s lows, but late activity suggested institutional players were accumulating, hinting at a potential technical base forming.

Market Context
Macro headwinds remain a central driver. Traders are pricing in nearly 98% odds of global monetary easing by year-end, fueling volatility across FX and crypto markets. High-beta assets like meme coins continue to react sharply to liquidity shifts, magnifying intraday swings.

Institutional interest remains notable. ETF filings from Grayscale and Bitwise keep DOGE in focus beyond retail hype, while ongoing investment in mining infrastructure underscores long-term confidence among whales. These trends support accumulation and the broader supply distribution.

Price Action Summary

Resistance: $0.27 acted as a ceiling, with heavy 632.9M volume reinforcing the level.
Decline: DOGE fell 5% between 13:00–15:00 UTC on over 1 billion tokens exchanged.
Support: $0.25 held as a key floor, absorbing whale accumulation and short-covering, preventing deeper declines to $0.24.
Recovery: Late-session prints of 30M DOGE supported a 1% bounce from the lows, with a double-bottom formation signaling a possible base.
Range: 24-hour trading spanned $0.144, or 4.8%, highlighting fragile order books.

Technical Outlook

Resistance: $0.27 remains the immediate ceiling; a sustained close above is needed to shift trend bias higher.
Support: $0.25 is critical; a break could open a path to $0.24.
Volume: Daily averages near 500M were eclipsed by spikes over 1B, reflecting institutional selling pressure.
Pattern: A symmetrical triangle formation points to a potential breakout range of $0.30–$0.47 once momentum resolves.
Momentum: Late-session accumulation hints at short-term stabilization, though the trend remains capped below $0.27.

Key Factors for Traders

Whether $0.25 holds as structural support or tests $0.24.
The significance of whale accumulation and its timing relative to volatility.
Pending SEC rulings on DOGE-linked ETFs and potential impact on institutional positioning.
Macro influences, including monetary easing expectations and inflation risks, shaping high-beta token performance.
Technical breakout triggers from the current symmetrical triangle formation, signaling potential movement toward $0.30.