Dogecoin Hits Two-Week Low as Spot Outflows Reach $55M and Key Support Breaks
- —DOGE trades at $0.086 after a 1.82% drop in 24 hours
- —Spot outflows total $55 million over the four days to October 8
- —$16 million in long liquidations in two days; open interest fell from $1.53B to $1.38B
- —DOGE ETFs have recorded no inflows in October
Why it matters: The break below $0.092 opens the door to $0.083 and $0.078, and with RSI at 42 there is still room for further downside.
Source: CoinGape