Overview

• After a roughly 25%–28% retreat from September highs near $0.30, DOGE rose about 2% to around $0.232 as it retests the $0.22–$0.23 support area.
• Spot trading volume jumped 41% and futures open interest increased 1.35% to $3.90 billion, with about 75% of Binance positions skewed long.
• Analysts describe the zone as make-or-break, highlighting support near $0.229 within an ascending channel and a triangle breakout setup.
• A firm hold could invite moves toward $0.25 and a retest of about $0.28, while a drop below $0.22 risks a slide toward approximately $0.188 with targets down to $0.17–$0.15.
• Technical signals are mixed, with MACD showing sell pressure as the Stochastic RSI points to buy and RSI divergence builds near the 200-day EMA.