After rebounding from $0.14, Dogecoin demonstrates strong bullish momentum, currently trading around $0.182. If it surpasses the $0.198 resistance, a potential rally toward $0.25 could occur. Recent data shows robust buyer dominance in the spot market, fueled by notable exchange outflows.
The increase of 15.09% in DOGE futures open interest reflects renewed interest among traders. Additionally, over $8.5 million worth of DOGE was withdrawn from exchanges on July 10, indicating a preference for long-term holding strategies among investors.
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