Dogecoin may soon join the list of assets eligible for regulated exchange-traded products in the United States. The U.S. Securities and Exchange Commission (SEC) is reviewing new generic listing rules under the 1940 Investment Company Act. If approved, these changes could allow platforms like Nasdaq, NYSE Arca, and CBOE BZX to list crypto-based ETFs, including Dogecoin, without case-by-case approvals.
The proposal includes several cryptocurrencies beyond Bitcoin and Ethereum. Dogecoin, along with Solana and XRP, is now part of the filings submitted by major exchanges. This move marks a shift toward broader institutional access to crypto assets.
Physically Backed Dogecoin ETP Launches in Switzerland
While the U.S. process unfolds, Switzerland hasalready launched the first physically backed Dogecoin exchange-traded product (ETP). The SIX Swiss Exchange now lists the Dogecoin ETP, developed in partnership with 21Shares and House of Doge.
The product provides institutional exposure to DOGE without requiring direct custody. Backers say the ETP brings transparency, storage security, and regulated market access. The Dogecoin Foundation has endorsed the effort, framing it as a key step in legitimizing DOGE within financial circles.
House of Doge Launches $200 Million DOGE Treasury
In parallel, the House of Doge has launched a $200 million Dogecoin treasury initiative. Elon Musk’s attorney, Alex Spiro, is backing the effort. The treasury aims to manage DOGE supply, stabilize liquidity, and provide long-term confidence for larger investors.
The plan mimics Bitcoin-style corporate treasuries. By creating a pooled structure, the foundation hopes to make DOGE more suitable for enterprise use and institutional adoption. The treasury will operate from Miami, with regulatory filings expected in the coming weeks.
New Meme Coins Challenge Dogecoin’s Spotlight
While Dogecoin expands into formal finance, new meme coins are drawing retail attention. A project called Layer Brett (LBRETT), built on Ethereum’s Layer 2 infrastructure, has raised over $1.8 million in presale funding.
Layer Brett offers staking yields reaching 1,450% APY and promotes scalability and low transaction fees. Analysts expect the token to outperform traditional meme coins in the next cycle. This shift in focus could affect Dogecoin’s market share, especially among younger investors seeking higher returns.
Support Level Validated for Fifth Time on Binance Chart
On September 1, 2025, Dogecoin once again defended the $0.208 support zone, marking the fifth successful test of this level. The 4-hour chart from Binance, shared by on-chain analyst Ali (@ali_charts), shows repeated wicks and closes above this key horizontal line, confirming its short-term strength. Price bounced off this level multiple times since mid-August, underlining its relevance as a decisive zone for future moves.
Despite frequent retests, bears failed to close candles below $0.208, suggesting strong demand from buyers. However, the broader structure still reflects weakness, as each bounce from support failed to reach new highs. Resistance near $0.244 continues to cap upside momentum. This price compression within a defined range raises the possibility of a breakout—or breakdown—once volume returns.
At the time of charting, Dogecoin traded at $0.2146, hovering between well-defined support and resistance. If bulls lose control of the $0.208 level, the next move could bring significant downside. On the other hand, a sustained push above mid-range resistance could open the path toward $0.244.
Pattern Breakdown Spotted on September 2
On September 2, 2025, Dogecoin DOGE/USD chart on Coinbase confirmed a bearish pennant pattern, suggesting potential for deeper downside pressure. The pattern formed after a sharp decline in late July, followed by a period of consolidation between converging trendlines. The breakout occurred below the support line, signaling continuation of the prior downtrend.
A bearish pennant is a continuation pattern that appears after a strong downward move. It is characterized by lower highs and higher lows forming a symmetrical triangle. Once the price breaks below the lower trendline, the move typically resumes in the direction of the original decline.
Dogecoin traded at $0.2126 at the time of charting. The pennant’s breakdown suggests the price could fall by the length of the initial flagpole. Based on the pattern’s projected move, Dogecoin may target the $0.1405 zone—a drop of nearly 50% from the current price.
The projected level aligns with a previous support area from early July, visible in the chart as a key horizontal level. The volume remained relatively stable, but no significant uptick accompanied the breakout, which may indicate a gradual or delayed continuation.
The 50-period EMA on the 4-hour timeframe stood at $0.2175, slightly above the current price. Dogecoin consistently closed candles below this moving average, reinforcing the bearish outlook. The EMA also acted as dynamic resistance during the pennant’s formation, pushing the price lower with each test.
The declining slope of the EMA and the volume structure support the likelihood of continued downside. If sellers maintain pressure, the coin may approach the $0.1405 target in the coming days.
RSI Struggles Near 45 as Bearish Pressure Builds
On September 2, 2025, Dogecoin’s 4-hour Relative Strength Index (RSI) hovered around 45.10, remaining below the neutral 50 mark. This RSI reading indicates a lack of bullish momentum, as the asset continues to trade in a weak state. The yellow line—representing the RSI moving average—tracked slightly higher at 45.66, but both lines remained flat and directionless.
The RSI has failed to break above 60 since mid-August, while recent dips below 40 suggest continued selling pressure. These low-to-mid readings confirm that Dogecoin lacks upward strength and remains vulnerable to further declines. The RSI pattern shows multiple failed recoveries, each followed by deeper corrections, reinforcing the ongoing bearish bias in the market.
Historically, Dogecoin’s RSI bounces from the 30–35 zone led to short-lived rallies. However, the current pattern shows fading strength even before reaching oversold conditions. This divergence suggests that buyers are not stepping in with force, even at discounted prices. If RSI continues drifting downward without a break above 50, Dogecoin could face extended consolidation or renewed declines.
