DOGE Holds Above $0.10 as Retail Interest Returns

Dogecoin (DOGE) moved slightly higher on Wednesday, staying above the key $0.1000 level as retail traders slowly returned to the market.

Data from CoinGlass shows DOGE futures Open Interest (OI) fell to $1.36 billion on Tuesday from $1.76 billion during the recent six-day decline, reflecting weaker market sentiment. However, DOGE is now showing early signs of recovery.

DOGE futures OI has increased 4% in the last 24 hours to $1.47 billion, while the funding rate climbed to 0.0062%, showing traders are starting to build more long positions.

Despite this, DOGE/USDT remains under pressure on the 4-hour chart after failing to break the 0.1150–0.1180 resistance zone. Price is trading near 0.1040, with buyers trying to hold support around 0.1020.

MACD remains weak below the signal line, while RSI stays near oversold levels, showing limited bullish momentum.

If DOGE falls below 0.1000, the next downside targets could be 0.0950 and 0.0900. On the upside, a move above 0.1080 may open the door for a recovery toward 0.1120–0.1150.

Overall, the short-term trend remains bearish unless buyers regain control above key resistance levels.

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