Growth
Dogecoin Faces Resistance Near $0.097
Dogecoin recovery efforts are gaining attention as buyers defend support levels, particularly near the $0.097 mark. The cryptocurrency's derivatives figures show increased trading activity, with 216.07% increase in 24-hour derivatives volume reaching approximately $1.29 billion. Dogecoin's spot market weakness is reflected in the recent decline, with open interest declining 7.37% to $928.76 million. The overall long/short ratio is 0.9073, with Binance showing a preference for long positions at 2.5753, while OKX reports a higher ratio of 5.06.