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Sergi Mamedov
Sergi Mamedov

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πŸΆπŸ“ˆ $DOGE at a Crossroads: Bounce to $0.25 or Burnout Below Support? πŸ”₯

⚑ Key Level Watch
DOGE surged in July, reclaiming $0.19 support. Despite a 7.85% daily dip, it's holding the ascending trendline. Staying above $0.19 keeps the path open to $0.25, but slipping below risks heavier selling.

πŸ“Š Derivatives Signal Bullish Bias
Options volume spiked 1546%, Open Interest jumped 229% to $2.2M. Funding Rates remain positive at +0.00999%, showing longs paying to hold. Traders expect volatility β€” with upside favored if support holds.

πŸ“‰ Trendline & RSI in Focus
DOGE is bouncing off its mid-June ascending support. RSI at 58 signals bullish momentum without being overbought. A continued hold here could fuel a move to $0.25, but any break below could flip the outlook bearish.

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