Dogecoin (DOGE) is currently trading around $0.19 within an ascending channel, with resistance levels identified at $0.2025, $0.2190, and $0.2323, and support at $0.1758. On-chain data reveals $8.46 million in net inflows and increasing open interest, suggesting renewed accumulation. Technical analysis indicates a controlled upward movement, with DOGE's price fluctuating between $0.175 and $0.206 on the two-hour chart.
DeFiLlama reports Dogecoin's total value locked (TVL) at $16.85 million, while Coinglass notes open interest at $1.73 billion. Additionally, KuCoin's KuPool, which supports DOGE mining, is expected to enhance liquidity further.
Dogecoin Trades at $0.19 Amid Rising Accumulation and Liquidity
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