Markets· ★★· bearish·

Dogecoin hovers near $0.0756 as ETF outflows and long unwinding weigh on price

  • —DOGE ETF outflows reached $538,030 this week, a second straight daily outflow
  • —Futures open interest dropped over 5% in 24 hours to $1.05 billion
  • —Total liquidations hit $18.67 million, including $12.81 million in longs
  • —DOGE trades below its 50-day EMA at $0.0833 and 200-day EMA at $0.0922
Why it matters: Weak institutional and retail demand could accelerate a drop toward the annual low of $0.0676.
#DOGE
Source: FXStreet Crypto
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