Dogecoin (DOGE) traded through volatile sessions from August 31 to September 2, 2025, consolidating in a $0.21–$0.22 range, reflecting broader crypto market choppiness driven by macroeconomic headwinds including G7 trade tensions, U.S. inflation monitoring, and central bank policy divergence.
Institutional activity spiked significantly, with over 800 million DOGE traded twice in key periods: 809 million at a 07:00 GMT rally and 806 million during a 20:00 GMT pullback, far above the weekly average of around 378.5 million. Analysts indicate that corporate treasuries and CFOs are probing allocations into DOGE as a diversification tool against traditional hedging strategies.
Price action saw DOGE advance from $0.21 to $0.22 on high volume but faced profit-taking, reinforcing support at $0.21 and resistance at $0.22. Technical analysis suggests a potential breakout above $0.225 could target $0.25–$0.30, while a break below $0.21 risks a drop to $0.20. Momentum indicators like RSI near 50 and MACD compression signal neutral trends with buildup for a shift.
Traders are monitoring $0.21 support, whale movements, futures open interest, and macro catalysts such as Fed remarks and trade negotiations for directional cues.