Dogecoin (DOGE) has increased by 5% as it attempts to breach the 0.21 USD resistance level after sustaining a 35% decline. The asset’s open interest in derivatives has fallen significantly, revealing investor concerns amid recent selling activity.
Analysis suggests that if DOGE surpasses 0.21 USD and 0.26 USD resistance levels, a significant upward movement may occur. However, the cryptocurrency could retreat to 0.14 USD if it fails to maintain its support at 0.18 USD.
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