73 % of Dogecoin dealers go away for a long time – is the market very one to keep gains? star-news.press/wp

Main meals

Doge’s Breakout emphasized that it increases interest and financing rates alongside upward sites. Long external flows and domination are alluded to accumulation, but raise the risk of volatility.

Dukwin (Duj) The last penetration above the multi -month -months -of -monthly direction line indicates a possible long -term reflection.

The penetration occurred after lower levels consistently and confirmed with a weekly closure over the resistance.

It seems that this level, which has been a ceiling since December 2023, is now turning into support.

However, in order for the penetration to gain credibility, DOGE must keep its position above $ 0.19 and create the lowest new level.

Continuing over a $ 0.22 area would enhance the upper reflection and void the previous declining structure.

source: x/ali plans

Green light for the next gathering for Dogecoin

DOGE’s financing rates have turned positively, as OI’s weighted financing rate is 0.0163 % as of the time of the press.

This height indicates that long traders are now dominant and ready to pay in addition to positions.

Historically, this height referred to a strong biological conviction among permanent merchants. However, if prices continue to climb quickly, they may indicate a temperature and permanently correction.

Currently, positive financing supports upward momentum, especially if it is associated with the constant purchase pressure in the instant market.

source: Coinglass

In addition, Open attention It increased sharply, an increase of 14.03 % to $ 3.12 billion, which represents a strong flow of capital in the futures market.

This height indicates that traders are increasingly opening new sites in response to the broken Dogecoin. Moreover, the rise in open attention is in line with the increasing market confidence and the willingness to bet on the high prices.

However, these aggressive sites can lead to volatile fluctuations, especially if the market turns against the participants who have overlooked.

However, the current trend prefers bulls as long as the open attention continues to rise in addition to making prices.

Metal currencies worked on stock exchanges – why?

The data on the series reveal the continuous output flows, as an external flow of $ 3.70 million has recorded at the time of the writing of this report. This trend reflects the low pressure pressure and perhaps increasing confidence between long -term holders.

External flows usually indicate that investors prefer the self -needs of their assets instead of keeping them in the stock exchanges, a behavior related to the stages of accumulation.

Therefore, as long as these external flows continue, DOGE can have pressure on the supply that supports upward price movement, especially if the new demand appears from retail buyers or institutions.

source: Coinglass

Do long traders feel comfortable in Binance?

Long situations continue to control the Dogeusdt market on Binance, where 73.78 % of merchants are currently betting on the upper side. The long/short percentage increased to 2.81, indicating a heavy budget.

While this enhances the optimism surrounding the collapse of Dogecoin, it also raises fears of possible liquidation if the market is reflected.

Usually, severe long hegemony indicates contentment with contentment, which can become an incentive for volatility.

Therefore, Doug must make sustainable gains to avoid rapid relaxation of these excessive long situations.

source: Coinglass

Categorically, Dogecoin turns at the critical resistance level and sees a strong confirmation of derivatives and standards on the chain.

Open interest height, positive financing rates, and continuous topical flows indicate a bullish environment.

However, high -rise positioning provides risks if momentum in prices. In general, it seems that Dog is ready to make more gains, but it must exceed $ 0.19 and pay $ 0.22 to confirm the impact of the permanent direction.