Dogecoin (DOGE) is consolidating near $0.09829 as a classic “Cup and Handle” technical pattern suggests potential for a bullish breakout, according to analyst observations. The meme coin’s weekly gains of over 8% coincide with a significant drop in 24-hour trading volume. In a major regulatory development, the first SEC-approved U.S. spot Dogecoin ETF, TDOG, has launched, providing institutional and retail investors with direct, regulated access to DOGE.
Dogecoin (DOGE) is currently trading at $0.09829, according to CoinMarketCap data. The asset is down 2.21% over the last 24 hours but has gained 8.54% over the past week.
Crypto analyst Trader Tardigrade highlighted that DOGE is forming a classic “Cup and Handle” pattern on its daily chart. “Should DOGE maintain support around $0.097–$0.099 and surpass the resistance near $0.114 with strong volume, a continuation of the bullish trend is likely,” Tardigrade stated.
The formation’s handle represents a period of consolidation following a recovery phase. Weekly price trends show resilience despite a 26% decline in 24-hour trading volume.
In a landmark move, the first U.S.-approved spot Dogecoin exchange-traded fund (ETF) has launched. Issued by 21Shares and trading under the Nasdaq ticker TDOG, the ETF is backed 1:1 by DOGE held in institutional-grade custody.
House of Doge CEO Marco Margiotta described the launch as “a crucial step toward integrating Dogecoin into mainstream financial markets.” Brag House CEO Lavell Juan Malloy II added that the product “democratizes access to digital assets by removing friction from wallets and exchanges.”
21Shares president Duncain Moir emphasized Dogecoin’s large online community and its approximately $21 billion market capitalization. The ETF provides a regulated avenue for exposure while clarifying DOGE’s legal standing in the U.S.
