According to renowned analyst Ali Martinez, over 72% of DOGE futures positions on Binance are currently long — indicating most traders are betting on a price increase. However, DOGE has dropped 4.1% in the past 24 hours, now trading at $0.154 after being rejected at $0.17. Historically, overly bullish sentiment often leads to corrections: in late March, when longs surpassed 76%, DOGE dropped from $0.19 to $0.13 following Trump’s trade war news. XRP showed a similar pattern. Meanwhile, Dogecoin whales accumulated over 800 million DOGE recently, reducing supply and possibly sparking retail FOMO. Analysts still see upside potential, predicting up to 3x surges. Crypto School charted DOGE’s pivotal level, suggesting a breakout to $0.23 or a fall to $0.11 depending on the coming days.