Dogecoin Trades Near $0.07 as Weak Momentum Keeps Support in Focus

Dogecoin traded at $0.07, down 6.54% over the past 24 hours. The listed technical support was $0.07, with resistance at $0.08. DOGE was at the lower Bollinger Band and below its 20-day moving average of $0.08. Its 50-day and 200-day averages were both $0.09. The daily relative strength index was 32.99, MACD was -0.0031, and stochastic %K and %D were 11.26 and 9.01, respectively. Binance futures open interest rose 9.98% over 24 hours to 2,509,587,824 contracts, with an open-interest value of $196,349,895. At 2 a.m. ET (07:00 UTC), 72.7% of Binance global accounts were long and 27.3% were short. Among top-trader accounts, 77.6% were long and 22.4% were short. The ratios cover Binance accounts only and do not represent all DOGE holders.

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