Dogecoin maintains the support zone of 0.19 USD while developments in the derivatives market show hesitation among buyers.
DOGE is maintaining its price above the key threshold of 0.19 USD with bullish signals from liquidity and trading volume, but risks stemming from long position liquidations still persist, potentially hindering the rise to 0.25 USD.
MAIN CONTENT
DOGE consolidates the support level of 0.19 USD with strong buying force.
The derivatives market shows strong buying power but also indicates significant liquidation risks.
Maintaining or losing the 0.19 USD level will determine the short-term trend towards 0.25 USD.
What support level is DOGE at and what is the current price situation?
Dogecoin is consolidating the important support zone of 0.19 USD, maintaining an upward trend since mid-June 2025.
After a sharp rise, DOGE slightly adjusted to 0.1916 USD despite a daily decrease of 7.85%, but it remains above the gradually rising support line, closely monitored by many traders. Maintaining this price range is crucial, as falling below this level could trigger a stronger sell-off.
Why does the derivatives market support the upward trend of DOGE?
Data from CoinGlass shows that the volume of options trading increased by 1546% and Open Interest rose by 229%, reaching 2.2 million USD, indicating traders are preparing for significant volatility.
In addition, the weighted Funding Rate Open Interest reached +0.00999% (on July 15, 2025) indicating that buying pressure is still paying to maintain positions, reinforcing short-term bullish sentiment.
The DOGE derivatives market shows the optimism of experienced investors as they maintain long positions at high costs, signaling confidence in the upward trend.
CEO of CoinGlass, July 15, 2025
What do the gradually supportive trends and RSI indicate?
The upward support line formed since mid-June has been continuously tested and held firm, confirming the strong interest of the trading community.
The RSI stands at 58, below the overbought zone, indicating strong buying power but not yet at a boiling point, providing a solid foundation for continued price increases.
If this support line is not broken, DOGE is likely to approach resistance at 0.25 USD. However, any weakening or break will negate the short-term bullish scenario.
What does the long order ratio at Binance indicate?
At Binance, 75.73% of DOGE positions are long orders with a Long/Short ratio of 3.12, showing strong confidence towards price increases.
However, excessive concentration on long positions also poses significant risks if prices drop, potentially leading to mass liquidations, severely reducing liquidity and pushing prices down.
Are investors overly confident leading to what risks?
On July 15, 2025, the liquidation amount of long positions reached 3.53 million USD, compared to 296 thousand USD for short positions, indicating significant selling pressure on the buyers due to the inability to maintain upward momentum above 0.20 USD.
This phenomenon indicates that the market is somewhat fragile, as many investors are using high leverage but cannot maintain upward momentum, leading to increased downward pressure.
The rapid increase in long position liquidations indicates high risk in the DOGE market. Pursuing trends too greedily could lead to significant losses for investors.
Market analyst TinTucBitcoin, July 15, 2025
Can DOGE break above 0.25 USD?
Based on technical indicators and derivatives market data, DOGE is at a critical support level; if it maintains this price range, it will continue to attract buying pressure, paving the way towards the target of 0.25 USD.
Conversely, breaking below 0.19 USD could trigger a strong selling wave, delaying the upward trend and causing many leveraged users to flee, negatively impacting the overall trend.
Comparison table of DOGE's liquidity and risk data across platforms
Platform Long Ratio (%) Long/Short Ratio Liquidated Long (million USD) Key Technical Support (USD) Binance 75.73 3.12 3.53 0.19 CoinGlass aggregate – – 3.53 (total long) 0.19
Frequently Asked Questions
Is Dogecoin in an upward trend? Based on liquidity analysis and technical indicators, DOGE is likely still in a short-term upward trend if it maintains the support level of 0.19 USD. Is the high long ratio a good sign for DOGE? Although it shows optimism, an excessively high long ratio along with significant leverage can pose liquidation risks, weakening the upward trend. How is DOGE's RSI currently? The RSI is around 58, below the overbought threshold, indicating that the upward momentum still has potential and is not yet overbought. What impact does breaking the 0.19 USD level have? Breaking below 0.19 USD could trigger strong selling and liquidation of long positions, delaying DOGE's upward momentum. What is DOGE's next target? The next target is the resistance level of 0.25 USD if the current support structure is maintained.
Source: https://tintucbitcoin.com/dogecoin-tang-len-025-hay-giam/
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