Technical analysis by MadWhale about Symbol DOGE: Sell recommendation (8/31/2025)

Hello✌️ Let’s analyze Dogecoin’s price action both technically and fundamentally 📈. 🔍Fundamental analysis: Dogecoin faces risk if the proposal to cut issuance goes live. Miner rewards would shrink sharply, which could trigger exits and weaken network security. Short-term pressure on price looks more likely than gains. ⚠️ 📊Technical analysis: DOGEUSDT has been moving inside a descending channel for several sessions and is now testing a key support level shown on the chart 📉. A confirmed breakdown below this zone could open the way for an estimated 15% decline, with the next potential support area seen around 0.1845 ⚠️. ✨We put love into every post! Your support inspires us 💛 Drop a comment we’d love to hear from you! Thanks , Mad Whale