Baby Doge Coin Showing Heavy Selling Pressure — Short-Term Downside
I’m seeing a sharp sell spike in Baby Doge Coin (BABYDOGE): a recent 11s block showed ~126.97K ₮ with ~89% on the sell side, and the price is down ~0.5% in the latest tick and ~7.7% over 24h. Net volume is declining across 15m, 1h and 4h windows, indicating weakening buy support despite high 24h turnover.
I would avoid initiating new long positions here and prefer to reduce exposure on weakness until net inflows and short-term momentum stabilize. Multiple alerts in the last 24h add to near-term caution.
Analysis
Recent trades show an 89% sell skew in a high-volume spike, price down ~7.7% over 24h and falling net volume across intraday windows — a clear short-term bearish signal with weakening demand.
Recommendation
Sell or avoid buying for now; trim weak positions and wait for clear signs of volume recovery and a reversal in net flow before considering re-entry.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.