Dogecoin Fails to Hold $0.26, Retreats 2% Due to Profit-Taking -

Dogecoin Slides 2% as $0.26 Resistance Triggers Profit-Taking – 9/10/2025

Dogecoin (DOGE) failed to sustain gains above $0.26 on Wednesday, sparking profit-taking from institutional investors and pushing the price back toward $0.25.

Whale Accumulation Supports Longer-Term Outlook
On-chain data reveals that large holders added roughly 30 million DOGE (around $8 million) during the pullback, indicating ongoing accumulation and confidence despite near-term resistance pressure.

Market Movement
DOGE traded in a $0.24–$0.26 range over the 24-hour period. The token hit $0.26 in the afternoon before heavy selling from whales reversed most of the gains. Analysts note that historical breakout cycles suggest that surpassing major resistance, like $0.41, could lead to substantial upside.

Price Highlights

Rally to $0.26 occurred around 17:00 on 750 million in volume, double the daily average.
Profit-taking at $0.26 pulled DOGE back to $0.25 by close.
A brief dip below $0.25 was seen during late trading as liquidation flows spiked.
DOGE closed at $0.25, down ~2% from intraday highs.

Technical Outlook

$0.26 acts as a key resistance; repeated rejections signal strong selling pressure.
Support near $0.25 is critical, with $0.24 as the immediate floor.
Sustained accumulation by whales hints at underlying institutional confidence.
Breaking and holding above $0.26 could pave the way for moves toward $0.27–$0.30.

Traders’ Focus