• • The price of $DOGE has increased by 2-2.5% after Grayscale filed the ETF application, trading at $0.2277

  • • The price has returned from the critical support level of $0.22 with mixed capital flows

  • • Large buy orders (82.9 million and 71.7 million DOGE) indicate accumulation of the currency, but there is still significant sell pressure (98.4 million and 81.2 million DOGE)

Institutional developments

  • • Grayscale has filed an S-1 registration for its DOGE ETF (symbol: GDOG) with NYSE Arca - its second filing in 2025

  • • Market optimism remains high despite the SEC delaying its decisions on other crypto ETF funds until June 2025

  • • Probability of approval forecasts: Polymarket estimates (67%) and Bloomberg analysts (75%) indicate optimism that DOGE will get approval before the end of the year

  • • Four competing funds for DOGE are under SEC review, with decisions expected between October 2025 and January 2026

Considerations regarding trading

  • • Technical indicators show cautious optimism: MACD indicates slight optimism while RSI is neutral

  • • Key levels: $0.26 immediate resistance and $0.22 critical support

  • • Strategy options: gradual entry into positions near the support level, and preparation for volatility amid regulatory updates

  • • The investor community shows significant optimism (86.9%) but still considers potential rejection risks

  • • ETF approval could transform market perception of meme coins as legitimate investment vehicles#DOGE #Binance #TrendingTopic #Write2Earn #BitcoinDunyamiz $DOGE