Dogecoin Holders, Brace Yourselves! 🚨 $DOGE Open Interest Plunges

Dogecoin open interest has dropped 4.03% in the last 24 hours, hitting $1.51 billion. This decrease signals a cooling market as we approach the Christmas holidays. The entire crypto market is feeling the pressure, dipping below $3 trillion. 📉

$DOGE is currently trading at $0.127, down 1.22% daily and 2.06% weekly. After a brief rally to $0.134, the price is now consolidating between $0.126 and $0.135 – a critical juncture.

Meanwhile, strong U.S. economic growth (4.3% in Q3) is complicating the Federal Reserve’s interest rate strategy, potentially delaying cuts until April. Key support for Dogecoin lies around $0.11, with resistance at $0.148 and $0.196. Keep a close watch!

#DOGECOİN #CryptoMarket #Altcoins #Trading 🐕‍🦰

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