Markets· ★★★· bullish·

Dogecoin breaks descending channel with 13% rally, $0.1126 in sight

  • DOGE gained 13.04% in 24 hours, clearing $0.10
  • Spot trading volume surged 239.5% to $3.48 billion
  • Open interest rose 24.01% to $1.66 billion
  • Spot net inflows to exchanges reached $5.64 million
Why it matters: The breakout opens the door to $0.1126, though rising exchange inflows and futures selling could cap further gains.
Source: AMBCrypto