Dogecoin Near $0.25 Resistance Amid Bullish Technical Signals

Dogecoin (DOGE) is trading around $0.249, nearing the upper limit of its six-week range between $0.22 and $0.25. Technical indicators suggest a potential rally as investor interest grows.

The 20-day EMA near $0.225, with the 50-day, 100-day, and 200-day averages below $0.220, indicates strong support.
The RSI at 60–61 shows steady buying momentum without overbought conditions.
The MACD histogram turning positive signals renewed bullish sentiment after a quiet August.

Resistance at $0.25 Could Unlock Higher Targets

If Dogecoin closes above $0.246–$0.250, this could lead to targets of $0.263, $0.273–$0.276, and potentially the July high of $0.300.

Support levels are at $0.238–$0.240, deeper levels near $0.233–$0.231, and the 20-day EMA at $0.225.
A drop below the 100/200-day cluster around $0.214–$0.213 would weaken the bullish outlook.
A parallel channel pattern suggests resistance near $0.29, with potential gains beyond $0.3 up to $0.50 if broken.

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ETF Buzz and Whale Activity Add Fuel

Grayscale filed for a U.S. Dogecoin ETF, and the REX-Osprey Dogecoin ETF launched on September 11, signaling growing institutional interest.
Whale activity has increased, with over 10 million DOGE withdrawn from exchanges, indicating long-term accumulation.

Institutional products and improving on-chain metrics are strengthening Dogecoin's bullish narrative. A move above $0.25 could pave the way for a rally toward $0.30 or higher.