🐕 Longs Love Doge at 76%, but $0.082 Keeps DOGE on a Leash

Dogecoin (DOGE) network activity climbed to nearly 50,000 active addresses, the strongest level in the latest on-chain update, even as the token's market structure remained weak. Data showed active addresses rose consistently across several sessions before easing slightly from the peak, indicating engagement strengthened before cooling. Despite the mild pullback, network participation held at an elevated level. On Binance, top traders leaned heavily bullish: long accounts represented 76.07% of positions while shorts accounted for 23.93%, producing a 3.18 Long/Short Ratio at writing. The skewed positioning showed experienced participants maintained a bullish outlook, though it left the market vulnerable if buyers failed to defend nearby support.

Price action followed that pattern. DOGE rebounded after defending the $0.07224 support floor, with buyers pushing the token back toward $0.07582 before resistance kicked in near $0.08282. The Relative Strength Index (RSI) recovered from oversold territory to 37.97, while its moving average stood at 28.65, signaling that selling pressure had eased but momentum had not yet crossed neutral. A break above $0.08282 would strengthen the recovery structure and expose the next resistance near $0.08994; otherwise another rejection was likely to keep DOGE rangebound.

Liquidation data from the heatmap underscored both sides of the book. The largest cluster of leveraged positions sat just below spot at the $0.075 region, representing the strongest nearby liquidity pool, while additional bands stretched overhead between $0.078 and $0.080 and on toward $0.082. With price gravitating toward dense liquidity zones, the map pointed to near-term battles around $0.075 below and the $0.078–$0.082 corridor above for the next directional move.