Dogecoin surged nearly 6% to $0.261 in the past 24 hours as traders positioned for the scheduled debut of the first 0 ETF on September 1 of the “DOJE” product coupled with whale accumulation exceeding 280 million DOGE fueled heavy late-session flows with volume topping 1.1 2 now focus on whether the token can sustain closes above $0.26 and build toward the $0.29–$0.30 resistance 3 Background • The first 4 ETF (ticker: DOJE) is scheduled to begin trading on September 12 representing the first exchange-traded product linked to a memecoin. • Large holders accumulated more than 280 million DOGE in the days leading up to the listing
signaling growing institutional participation. • Market technicians highlight a bullish pennant breakout on hourly charts with upside targets extending to $0.28–$0.50 if momentum 5 Action Summary • DOGE gained 5.8% during the 24-hour period from September 11 at 03:00 to September 12 at 02:00 advancing from $0.246 to $0.261. • The session traded within a $0.019 band (7.6%) hitting a low of $0.245 and a high of $0.264. • Breakout momentum developed between 22:00–00:00
when DOGE cleared $0.253 resistance on volume exceeding 1.1 billion. • The final 60 minutes showed volatility with a pullback from $0.264 to $0.261 (-0.76%) but support held near $0.260 after repeated 6 Analysis • Support Levels : Firm base at $0.245–$0.246; renewed support observed at $0.260 during late-session retracements. • Resistance Zones : First rejection at $0.264 intraday with broader targets identified at $0.29 and $0.50. • Volume Profile : Breakout volume surpassed 1.1 billion
nearly triple average levels indicating institutional flows ahead of ETF debut. • Momentum Signals : Pennant breakout confirmed by higher lows and expanding volume; late dip reads as corrective rather than trend 7 Traders Are Watching • Can DOGE sustain closes above $0.26 and build toward the $0.29 resistance zone? • ETF launch on September 12 and whether secondary flows from brokers/institutional desks accelerate volatility. • Whale positioning after 280 million DOGE accumulated in the past week. • Options activity around $0.30 strikes that could drive gamma volatility into expiries.
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