Now the price is around 0.07 ($DOGE ). It has fallen about 70% from last year’s peak.
The most recent open futures contracts have risen to about $1.21 billion, nearing the level of last year’s high.
On #Binance, the long side is more than 3 times the short side.
#OKX is even more than 5:1.
Trading volume has also increased significantly—money is moving back in. The opportunity is here, brothers.
The price has been consolidating for 87 days, and bullish divergence and a descending wedge pattern have also appeared.
Key resistance is around 0.0722. Once it breaks out with volume, it could trigger short liquidations. In the short term, a move toward 0.075–0.08 is likely.
Even though it’s still consolidating at the bottom, bullish futures positioning, a technical breakout, and whale activity are all sending positive signals.
If it can hold steady above 0.072, the next rebound will begin 🐶
The most recent open futures contracts have risen to about $1.21 billion, nearing the level of last year’s high.
On #Binance, the long side is more than 3 times the short side.
#OKX is even more than 5:1.
Trading volume has also increased significantly—money is moving back in. The opportunity is here, brothers.
The price has been consolidating for 87 days, and bullish divergence and a descending wedge pattern have also appeared.
Key resistance is around 0.0722. Once it breaks out with volume, it could trigger short liquidations. In the short term, a move toward 0.075–0.08 is likely.
Even though it’s still consolidating at the bottom, bullish futures positioning, a technical breakout, and whale activity are all sending positive signals.
If it can hold steady above 0.072, the next rebound will begin 🐶