🔹DOGE is losing momentum as the ETF frenzy cools down, pushing the price into a tight squeeze just below the resistance level of $0.14
🔸Open interest volume for DOGE has plummeted from $6 billion to around $1.3 billion at the beginning of 2026. The harsh reality is that institutional investors are gradually reducing their leverage, making the DOGE market extremely sensitive and vulnerable to sell-offs
🔸Technically, DOGE continues to be rejected at the 0.14 USD level and remains below the 7-day SMA, which is a negative signal. If it doesn't quickly reclaim the 0.14 USD level with high volume, the price could easily drop further to the 0.12 USD range, even down to 0.11 USD, to find a new equilibrium
🔹With RSI hesitating around the 50 level, any negative news could trigger a wave of selling that pushes DOGE's price down to half of its previous peak
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This post is not investment advice. Markets are always volatile, so consider carefully and invest responsibly