β‘ 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.
π 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.
π 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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