DOGE Plunges 10% Before Quick Recovery Rally on Institutional Volume Spike

What to know:

News Background
The selloff came amid rising anxiety over delays in potential crypto ETF approvals and a sudden resurgence in U.S. enforcement chatter around centralized exchanges.
At the same time, market participants began speculating about fast-tracked ETF paths for high-volume tokens like DOGE and XRP, prompting whale-led accumulation near local lows.
As a result, DOGE saw rapid directional whiplash — with institutional volumes confirming exits and re-entries.

Price Action Summary

Technical Analysis

What Traders Are Watching

Takeaway

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