Dogecoin Swings 5.7% as Traders Eye $0.25 Break
September 9, 2025
Dogecoin (DOGE) saw sharp price swings over the last 24 hours, trading in a 5.7% range as traders set sights on the $0.25 level. Early gains pushed the memecoin to a $0.244 intraday high, but profit-taking brought it back to close at $0.236. Support around $0.234 held firm, as whales and institutional desks stepped in to stabilize the market.
Price Action Highlights
- DOGE moved 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 exchanged, while late-session buying between $0.234–$0.237 totaled 687.9M tokens.
- A final-hour rebound lifted DOGE 1.3% from $0.234 to $0.237 on steady volume.
Technical Outlook
- Support: $0.234–$0.237 confirmed by strong buying.
- Resistance: $0.244 caps upside momentum.
- Momentum: Higher lows indicate bullish short-term bias.
- Targets: A break above $0.244 could open the path to $0.25; failure risks retesting $0.231.
Market Drivers & Focus
- Elevated DOGE futures show institutional hedging.
- Traders watch U.S. crypto ETF developments and Fed policy signals.
- Whale accumulation and liquidity flows continue to influence near-term movement.