Dogecoin Fakes A Rally Then Dumps 3%—But Why?

Dogecoin (CRYPTO: DOGE) fell close to 3% on Tuesday, as large holders shifted roughly $32 million worth of DOGE to exchanges, putting sellers back in control.

Sellers Regain Control Below Short-Term EMAs

DOGE Price Action (Source: TradingView)

Dogecoin continues to trade under pressure after failing to reclaim its descending trendline. This trendline has capped every recovery since the late-September high.

Price is pinned near $0.1760, signaling sellers remain dominant below the short-term EMA cluster between $0.1830 and $0.2025.

The daily chart still shows a clear sequence of lower highs and lower lows.

That structure reinforces the broader bearish bias until a …

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