Dogecoin rebounded with the broader crypto market and briefly reclaimed $0.10. The memecoin reached a local high near $0.106 before pulling back.
At press time, DOGE traded at $0.099, up 7.43% on the daily chart. Spot Volume rose 72.42% to $3.36B, reflecting renewed speculative participation.
Derivatives heat up
Futures activity strengthened alongside the price.
CoinGlass data showed Derivatives Volume climbed 72.42% to $3.36B. Open Interest rose 7.05% to $1.05B.
Options Volume surged 89.61%, while Options Open Interest dropped 48.68% to $126.08K.
That move aligned with expanding leveraged exposure.
When Open Interest and Volume rise together, it typically signals fresh positioning rather than position closures. However, direction depends on positioning…
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Source ambcrypto.com
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