DOGE futures OI slides 8% even as fabled ‘golden cross’ intact on higher timeframes

Dogecoin (DOGE) sharply declined after a spike to $0.25 due to heavy transfers to Binance. Over 900 million DOGE were moved, raising concerns about sell pressure.

Market sentiment is dampened by macroeconomic factors, affecting DOGE prices and futures. Key support at $0.23 is being tested, while resistance remains at $0.25.