$DOGE traders are pulling back fast 👀
According to CoinGlass, Dogecoin's open interest dropped from 16.57B DOGE to 15.18B DOGE in just two days. That's 1.39B DOGE in futures positions disappearing as traders reduce risk. While $BTC faces broader market pressure, DOGE is seeing:
→ Falling futures demand
→ More than $35M in liquidations
→ Long traders taking the biggest losses
→ Rising selling pressure
→ Less leverage in the market
→ A potential recovery toward $0.092
But here's where things get interesting for Dogecoin bulls.
DOGE has reclaimed the midpoint of a price gap between $0.082 and $0.087. If that level holds as support, the next move could take the meme coin toward $0.092.
#bitcoin.” Price Prediction: What is Bitcoins
According to CoinGlass, Dogecoin's open interest dropped from 16.57B DOGE to 15.18B DOGE in just two days. That's 1.39B DOGE in futures positions disappearing as traders reduce risk. While $BTC faces broader market pressure, DOGE is seeing:
→ Falling futures demand
→ More than $35M in liquidations
→ Long traders taking the biggest losses
→ Rising selling pressure
→ Less leverage in the market
→ A potential recovery toward $0.092
But here's where things get interesting for Dogecoin bulls.
DOGE has reclaimed the midpoint of a price gap between $0.082 and $0.087. If that level holds as support, the next move could take the meme coin toward $0.092.
#bitcoin.” Price Prediction: What is Bitcoins