Dogecoin Drops 10% in a Week as Futures Open Interest Falls to $614.9M
- —DOGE futures open interest fell 5.51% to $614.9 million
- —Binance holds about 43% of open positions at $263.3 million
- —DOGE trades below its 20-, 50- and 200-day moving averages
- —Key resistance at $0.087, support at $0.08246
Why it matters: Falling open interest signals reduced speculative exposure, leaving DOGE vulnerable to further downside if support breaks.
Source: Crypto News Flash