Dogecoin, often cited as a 대표 meme coin, is shown in this photo. [Photo: Pixabay]

Money is flowing back into a Dogecoin (DOGE) spot ETF, offering signs that a previously broken buying trend is partly returning.

U.Today, a blockchain outlet, reported on Monday that the Dogecoin ETF posted daily net inflows of $146,020 on Aug. 24.

This net inflow is being viewed as more than a one-day move. The Dogecoin ETF has often seen a prolonged run of $0 flows even after a day of net inflows or net outflows. On Aug. 20 it recorded net inflows of $654,420, but between Aug. 20 and Aug. 24, excluding the weekend, net inflows were confirmed on 2 of the 3 trading days. The outlet said this could indicate market interest may be gradually returning.

A similar pattern appeared in early August. After $82,640 came in on Aug. 4, the Dogecoin ETF recorded $0 inflows for 6 straight trading days, then switched to net outflows of $568,840 on Aug. 13. It then returned to a $0 stretch before net inflows resumed on Aug. 20. Citing that pattern, the outlet said, "A sustained net inflow trend must be confirmed to judge a trend reversal."

The price is also facing a separate test. Dogecoin rebounded from a low of 0.069 dollars on Aug. 19 and extended gains for 5 days, testing 0.1 dollars on Aug. 21. It failed to break through 0.1 dollars quickly and fell back, confirming that level as resistance. The outlet said, "It tested the 0.1 dollar level but retreated quickly, confirming it as a resistance line."

Technically, the rebound phase was marked by a move above the daily 50-day and 200-day moving averages that have capped prices since late 2025. It is now in a phase of reassessing direction near 0.089 dollars, where the 200-day moving average sits. Market participants are watching the possibility of a pullback to the 50-day moving average of 0.073 dollars if selling pressure drags the price below that zone.

Short-term price action has also shown strain. As of the time of writing, Dogecoin was down 3.24 percent over the past 24 hours at 0.0898 dollars. As profit-taking emerges, market participants are also digesting a strategy change by CleanCore. CleanCore decided to exit its Dogecoin treasury strategy and sell DOGE worth $33.4 million to fund a shift to artificial intelligence.

Against that backdrop, there are 2 near-term points to watch for Dogecoin. The first is whether ETF inflows prove to be a one-day rebound or continue as consecutive net inflows. Another factor that could shape the short-term move is whether the price can hold support around 0.089 dollars and test 0.1 dollars again.

Keyword

#Dogecoin #DOGE #ETF #U.Today #CleanCore
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