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Dogecoin price dips below $0.081 despite whale buying 600M DOGE tokens

Technical Signals
17 Oct 2026
Crypto news
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Neutral
Dogecoin price dips below $0.081 despite whale buying 600M DOGE tokens

Dogecoin's price fell about 7.6% on the week to around $0.0802, slipping below a key support level of $0.081 identified by analyst Ali Martinez. Despite large holders buying roughly 600 million DOGE since October 12, the token traded below its Bollinger Band midpoint and showed bearish signals on weekly charts. Martinez noted a potential recovery if $0.081 holds, with targets near $0.087 and $0.094, but the current price remains under pressure amid liquidation zones near $0.0773 and $0.0844. The outlook depends on whether buyers can defend this critical level amid ongoing volatility.

Dogecoin's recent price drop below $0.081 aligns with cautious trading sentiment seen on Pluang, where as of Oct 17, 2026 18:01 WIB, DOGE trades at Rp1.441 with a 1-day decline of 1.97%. Despite this, buyer interest remains strong, with 89% of order activity on Pluang favoring purchases and a typical hold time of 110 days, indicating a committed base of investors amid ongoing volatility.

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