Dogecoin Drops 7% as Whale-Linked Sell-Off Pushes Price Below $0.13

Dogecoin fell 7% to $0.127 on January 19, 2026, after a large exchange-bound transfer resurfaced, triggering liquidations and pushing the meme coin below key support. The breakdown followed repeated rejections near $0.137–$0.138, with volume spiking on the decline—indicating forced selling rather than orderly distribution. Price dropped to a low of $0.125 before stabilizing near $0.127, where bids emerged. Technicals show DOGE remains below former support now acting as resistance. Traders are monitoring $0.127 for stability; a break below could extend downside toward $0.125, while a recovery above $0.137 would signal reduced bearish positioning.