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Dogecoin's 6.54% Drop Leaves Price at Chart-Marked $0.07 Support

The Friday snapshot listed Binance futures open interest at 2,509,587,824 contracts after a 9.98% rise; at 2 a.m. ET (07:00 UTC), 72.7% of Binance global accounts were long.

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A descending Dogecoin price trace sits below three moving-average bands in an editorial market graphic. / TokenPost.ai
A descending Dogecoin price trace sits below three moving-average bands in an editorial market graphic. / TokenPost.ai

Friday's market snapshot put Dogecoin (DOGE) at $0.07 after a 6.54% 24-hour decline, leaving the coin at its chart's marked support and below all three listed moving averages.

The chart put resistance at $0.08 and listed its 20-day average at the same price, while the 50-day and 200-day measures each stood at $0.09. The relative strength index read 32.99, and moving average convergence divergence registered -0.0031. DOGE was also below an earlier chart marker at $0.092.

The Friday snapshot listed Binance futures open interest at 2,509,587,824 contracts, valued at $196,349,895, after a 9.98% rise over 24 hours. It recorded a 72.7% long and 27.3% short split among Binance global accounts at 2 a.m. ET (07:00 UTC), with top-trader accounts at 77.6% long and 22.4% short. The account percentages refer to Binance's platform alone.

For comparison, EconoTimes' Thursday update recorded DOGE at $0.0767, with a 1.70% 24-hour gain as of 3:21 a.m. ET (08:21 UTC).

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