DOGE under pressure: price at $0.086, volume 59% below average
- —DOGE at $0.0860567, below SMA-5, SMA-7 and the 15, 30, 50 and 200-day averages
- —Daily volume of $472.72 million, 59.07% below the 30-day average
- —RSI at 43.3 and a bearish MACD point to weak momentum
- —Bitwise is closing its Dogecoin ETF due to insufficient buyer demand
Why it matters: The ETF closure weakens the institutional-demand narrative for DOGE, while thin volume leaves any rebound vulnerable to sharp moves.
Source: DiarioBitcoin