DOGE Token Faces 2.28% Dip Amid Rising Futures Interest and Resistance at $0.1977

Dogecoin (DOGEUSDT) experienced a 2.28% price decrease over the last 24 hours, with the current price at $0.19395 according to Binance data. The recent price decline can be attributed to ongoing market volatility and consolidation, as Dogecoin tests key resistance levels near $0.1977 and $0.207. Despite increased futures open interest reaching $2.83 billion and a notable rise in trading volume, mixed technical signals—such as a bearish weekly MACD and resistance challenges—have contributed to short-term downward pressure. However, overall market activity remains strong, with Dogecoin maintaining a robust market capitalization of approximately $29.24 billion and ranking among the top cryptocurrencies by trading volume and market cap.