$DOGE
Dogecoin H4 SMA Golden Cross Approaching: $DOGE Trading Signals Suggest Potential Bullish Surge
From a trading perspective, the potential Golden Cross for Dogecoin presents multiple opportunities across various trading pairs. On Binance, the DOGE/USDT pair saw a high of $0.147 at 08:00 UTC on June 10, 2025, before a slight pullback to $0.145 by 12:00 UTC. Similarly, the DOGE/BTC pair on Kraken reflects a 2.8% gain over the same period, with DOGE trading at 0.00000235 BTC as of 12:00 UTC. On-chain metrics further support the bullish narrative, with data from CoinGlass showing a 15% increase in DOGE futures open interest, reaching $320 million as of June 10, 2025. This suggests institutional and retail traders are positioning for a potential breakout. However, traders should remain cautious of overbought conditions, as the Relative Strength Index (RSI) on the 4-hour chart is approaching 68, nearing overbought territory. A break above $0.15 could confirm the bullish trend, while a failure to sustain above the SMAs might lead to a retracement to the $0.14 support level, observed at 04:00 UTC on June 10. Cross-market analysis also shows a correlation with Bitcoin’s recent stability above $62,000, which often acts as a tailwind for altcoins like DOGE.
