Dogecoin Swings 5.7% as Traders Eye $0.25

September 9, 2025

Dogecoin (DOGE) saw volatile trading over the past 24 hours, swinging 5.7% as traders set their sights on a $0.25 target. Early momentum lifted the memecoin to $0.244, but profit-taking drove it back to close at $0.236. Institutional desks and whale wallets stepped in around $0.234 support, helping DOGE recover 2% in the final hour.

Price Action Summary

• DOGE traded between $0.231 and $0.244 from September 8, 04:00 to September 9, 03:00.
• Heavy selling at $0.244 saw 463.5M tokens exchange hands, while late-session buying between $0.234–$0.237 totaled 687.9M tokens.
• DOGE rebounded from $0.234 to $0.237 in the final hour (+1.3%), averaging 6.2M tokens per minute.

Technical Analysis

• Support: $0.234–$0.237, validated by strong buying.
• Resistance: $0.244 repeatedly capped gains.
• Momentum: Higher lows in the last 20 minutes signal bullish short-term bias.
• Targets: Clearing $0.244 could open the path to $0.25, while failure risks retesting $0.231.

Market Context

• DOGE futures show elevated open interest as institutions hedge spot exposure.
• Traders monitor U.S. regulatory updates on crypto ETFs and upcoming Fed policy decisions.
• Whale accumulation and liquidity flows continue to shape price action.