Overview
- DOGE fell more than 20% on the week, breaking $0.10, $0.0950 and $0.0850 before printing lows near $0.080, and it now trades around $0.08–$0.09.
- Bitcoin’s slide and market-wide deleveraging drove liquidations and heavy sell volume, erasing over $1 billion from Dogecoin’s market value.
- Derivatives data show $2.22 billion in futures outflows and a 16.7% drop in open interest to about $986 million, signaling reduced leverage.
- On-chain and spot metrics point to supply tightening, with buyer‑leaning spot CVD and recent net‑negative exchange flows including roughly $7.7 million in daily outflows.
- Technical signals such as a TD Sequential 9, improving RSI and MACD compression suggest seller fatigue, but analysts say bulls must retake ~$0.0985–$0.10 to avoid risks toward $0.075–$0.070.