Dogecoin Plunges 8% as Price Action Points to Brief Technical Bounces

Analysts suggest stabilization supra $0.165 is important for recovery, with a regular adjacent supra $0.18 needed to antagonistic bearish momentum.

Updated Nov 4, 2025, 2:19 a.m. Published Nov 4, 2025, 2:18 a.m.

What to know:

Dogecoin fell sharply Tuesday, losing 8% to $0.1697 arsenic whales dumped $440 cardinal successful tokens and trading measurement surged to multi-week highs. The breakdown done $0.18 marked a decisive displacement successful structure, confirming sustained organization organisation crossed the meme-coin complex.

News Background

• DOGE declined from $0.1843 to $0.1697 implicit the 24-hour period, breaching aggregate enactment zones and establishing caller monthly lows. Volume spiked to 3.37 cardinal tokens — 426% supra regular averages — arsenic cascading stop-losses accelerated the move.
• The breakdown followed a failed defence of the 0.236 Fibonacci retracement astatine $0.1787, which triggered liquidation flows and algorithmic selling.
• Bears extended power done midday, driving DOGE to an intraday debased of $0.1641 earlier constricted dip-buying emerged.
• Market flows turned decisively antagonistic arsenic on-chain information recorded $22.27 cardinal successful regular outflows, portion futures turnover roseate 50% to $5.25 cardinal adjacent arsenic unfastened involvement slid 4% to $1.67 cardinal — grounds of wide deleveraging alternatively than caller speculative demand.

Price Action Summary

• The $0.18 breakdown represented a structural nonaccomplishment of a enactment portion defended since aboriginal October. Sellers absorbed bids crossed each rebound, confirming a descending-channel continuation pattern.
• Intraday information showed the heaviest selling betwixt 03:00–05:00 UTC, with measurement peaks supra 1 cardinal tokens.
• Attempts to reclaim $0.1760 absorption met contiguous rejection. The league closed adjacent the bottommost quartile of the range, underscoring persistent organization control.

Technical Analysis

• Whale behaviour reinforced the bearish picture. Addresses holding 10 million–100 cardinal DOGE off-loaded astir 440 cardinal tokens implicit 3 sessions, marking 1 of the steepest mid-tier wallet liquidations this quarter.
• Momentum indicators corroborate short-term capitulation risk: RSI dropped to 34.7, approaching oversold territory that historically precedes alleviation rallies.
• Still, the descending-channel enactment remains intact, projecting imaginable hold toward the $0.165–$0.150 request portion wherever erstwhile accumulation occurred.

What Traders Should Know

• DOGE’s contiguous outlook hinges connected stabilization supra $0.165. Analysts enactment the token’s caller signifier of 6–9% single-day drawdowns often precedes little method bounces, but sustained betterment requires a regular adjacent supra $0.18–$0.185 to neutralize bearish momentum.
• Short-term traders presumption rallies into $0.1760–$0.1800 arsenic organisation opportunities unless broader hazard sentiment improves.
• With whale flows antagonistic and leverage unwinding, near-term volatility remains skewed to the downside until measurement contraction confirms capitulation.

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The determination reflected cautious accumulation alternatively than wide conviction, arsenic trading volumes remained beneath inclination contempt aggregate volatility spikes during the session.