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Newton Gitonga

Dogecoin Trading Volume Jumps Over 100% While Price Stays Near $0.093 Amid Ongoing Downtrend

Dogecoin has seen trading volume climb by more than 100% in recent sessions, yet its price remains near $0.093 and trades around $0.09344 after a 6.20% drop over the past 24 hours. The market structure still reflects a persistent downtrend with price below key moving averages, even as derivatives data shows long-short ratios tilted toward bullish positions. Heavy long exposure could trigger forced liquidations if a rebound fails, potentially deepening any downside move.