#Dogecoin Still Flexing — $3B Open Interest Holds Strong 🐕💥
$DOGE open interest may have cooled from July’s highs, but the meme king isn’t going anywhere. After peaking at $5.35B in July (just shy of its $5.5B January record), OI slid 40% into August — yet still sits above $3B, showing traders remain locked in.
📊 Why It Matters:
High open interest often aligns with explosive price moves. Despite recent choppiness, DOGE has clawed back 7% this month. If Bitcoin and Ethereum keep rallying, Dogecoin could ride the momentum just like it did in August 2021 — when Bitcoin halving hype painted the month green.
⚠ Watch Levels:
Support: $0.1680
Resistance: $0.1825 / $0.1950
Break & hold above $0.1950 → eyes on $0.2100+
🐶 Bottom Line: Meme coin interest is far from dead — and $3B in open positions means DOGE still has teeth.
Buy and trade now $DOGE
#BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #CryptoIn401k