Dogecoin Swings 5.7% as Traders Eye $0.25
September 9, 2025
Dogecoin (DOGE) saw significant volatility over the past 24 hours, moving within a 5.7% range as traders focused on a potential $0.25 breakout. Early session momentum pushed DOGE to a $0.244 intraday high, but profit-taking brought it down to close at $0.236. Institutional desks and whales provided support near $0.234, helping the token recover 2% in the final hour.
Price Action
- DOGE traded between $0.231 and $0.244 from September 8, 04:00 to September 9, 03:00.
- Heavy selling at $0.244 involved 463.5M tokens, while late-session buying between $0.234–$0.237 totaled 687.9M tokens.
- DOGE rebounded to $0.237 in the final hour (+1.3%) with steady volume.
Technical Overview
- Support: $0.234–$0.237 remains strong.
- Resistance: $0.244 continues to cap gains.
- Momentum: Higher lows indicate a short-term bullish bias.
- Next Target: A break above $0.244 could lead toward $0.25; failure risks retesting $0.231.
Market Drivers
- Elevated DOGE futures reflect institutional hedging.
- U.S. ETF developments and the Fed’s policy decisions are closely watched.
- Whale accumulation and liquidity flows remain key to short-term movement.
