Retail futures trading activity is currently at neutral levels, suggesting Dogecoin (DOGE) has room for growth before the market overheats. This indicator serves as a key signal for potential DOGE price tops. Geopolitical tensions and evolving trade policies continue to influence cryptocurrency markets.
Despite broader economic uncertainty, Dogecoin has shown resilience. DOGE has maintained support above key moving averages. A potential bull flag pattern has formed.
If validated by continued buying pressure, this pattern could target $0.35. The technical analysis highlights potential for further gains in Dogecoin.
This article is based on our author's analysis of materials taken from CoinDesk.