The DOGE/USDT perpetual futures on Binance are currently trading at $0.22725, marking a sharp 9.05% decline over the last 24 hours. The price has moved between a daily high of $0.25439 and a low of $0.22294, with a significant 24-hour trading volume of 9.63 billion DOGE, equivalent to $2.29 billion USDT. The current price is hovering near the MA(7) at $0.22770, but still below both MA(25) at $0.23716 and MA(99) at $0.23276, indicating sustained bearish pressure. The RSI(6) is at 33.02, suggesting that the market is nearing oversold levels. Despite the short-term drop, DOGE has shown a strong 27.61% gain over the past 30 days and an impressive 42.17% rise over the past year. However, it has experienced a significant drawdown of 45.22% over the last 180 days, reflecting high volatility and a correction phase in the broader trend of DOGE perpetual futures.
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