The early year Memecoin euphoria is facing a severe test as Dogecoin repeatedly fails at key resistance levels, accompanied by alarming selling moves from whale wallets.
đ¸ Onchain data recorded a massive transfer of 500 million DOGE to Binance. This move indicates a lack of conviction from Smart Money regarding the market shortterm breakout potential.
đ¸ Technically, DOGE has failed to breach the $0.15 resistance four times since mid-November 2025. Consequently, $5 billion in market cap has evaporated as the price dropped 14% from its high.
đ¸ Analysts suggest this is no coincidence but a feedback loop, where smart money capitalizes on market FUD to take profits exactly at resistance, keeping the price trapped.
With half a billion DOGE hitting the exchange and the $0.15 wall standing tall, will the $0.13 support hold, or is it just a pit stop before a deeper correction?
News is for reference, not investment advice. Please read carefully before making a decision