๐จ Meme Coin Surge: $DOGE , $SHIB & $PEPE Open Interest Hits ATH! ๐จ
๐ Derivatives data reveals a massive spike in open interest (OI):
DOGE OI climbs past $800M,
SHIB surges over $400M,
PEPE sets a new benchmark above $200M โ all signaling strong bullish conviction. ๐
๐น Key Technical Indicators:
DOGE targets breakout above $0.16 with RSI nearing overbought territory.
SHIB flirts with a breakout over the 200-day EMA, supported by high volume.
PEPE eyes resistance at $0.000013, forming a potential bullish pennant.
๐ฃ Rising OI + low funding rates = ideal setup for short squeeze potential.
๐ Volatility is compressing โ expect an explosive move soon as price coils.
๐ง Traders are positioning for a double-digit rally. Are you?
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