Dogecoin surged 2.93% and hit a two-week high of $0.073, trading around $0.0721 at press time. The move was driven by the liquidation of over $1.5 million in short positions and capital inflows into the futures market, with netflow rising 172% to $9.36 million. Derivatives volume jumped 114% to $1.22 billion while open interest increased 5.3% to $1.23 billion. The Relative Strength Index (RSI) stood at 53, signaling bullish momentum with a potential target of $0.08 if the $0.075 resistance is cleared.
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