Dogecoin Hits Highest Price Since June at $0.1059 After X Trading Announcement
- —DOGE hit $0.1059 intraday but closed at $0.0992, down 0.62%
- —DOGE derivatives open interest rose 10% in an hour to about $350 million
- —RSI at 69.4 and ADX at 32.5 keep buyers in control
- —50-day EMA remains below the 200-day EMA, death cross intact
Why it matters: The move was driven by leverage rather than spot demand, and the technical setup remains bearish, leaving room for a pullback.
Source: Decrypt