Overview
- DOGE slipped from a session high near $0.142 to about $0.137 after failing to hold above $0.14, keeping pressure on short-term support at $0.13–$0.12.
- Short-term gauges show fading momentum with the 7-day SMA turning lower and RSI near neutral, while the EMA 50 sits around $0.14 and the EMA 20 near $0.13.
- Trading activity has cooled markedly, with reports showing volume down roughly 43%–50%, signaling limited buyer follow-through.
- Derivatives participation remains far below the mid-2025 ETF peak as open interest that neared $6B then fell to roughly $1.2–$1.8B, creating a thinner liquidity backdrop.
- A recent snapshot showed open interest edging up about 1.7% to $1.8B even as volume dropped, and analysts say sustained strength above the 50-day average could open upside targets at $0.153 to $0.28.