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Giấy phép số 4978/GP-TTĐT do Sở Thông tin và Truyền thông Hà Nội cấp ngày 14 tháng 10 năm 2019 / Giấy phép SĐ, BS GP ICP số 2107/GP-TTĐT do Sở TTTT Hà Nội cấp ngày 13/7/2022.
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Dogecoin is up about 1%, trading near the $0.09 floor. After weeks of compression, the converging wedge—formed by a descending upper trendline and a rising lower boundary—has narrowed to its apex, setting up a potential decision point for the next move.
Dogecoin’s next direction hinges on whether it can break above $0.10240, identified as the Supertrend level, in the coming days. If the rising support fails, the move could extend toward $0.080.
The Parabolic SAR (SAR) flipped bullish at $0.08881 and is now positioned below price, marking the first clean daily bullish signal in months.
Options volume surged 256% to $174.68, according to Coinglass, indicating a sharp increase in trading activity. Options Open Interest rose 32.24%, suggesting participants are positioning for a larger price move.
On OKX, the long/short ratio is 4.21, meaning there are about four bulls for every bear. However, overall volume fell 30.19% and Open Interest slipped 2.34%, implying the options surge may reflect speculative positioning rather than broad spot-market conviction.
Technical levels cited for DOGE include support at $0.08881 (SAR) and $0.080. Resistance is clustered at $0.10240 (Supertrend), followed by $0.12615 and $0.13.
Polymarket assigns a 59% probability that DOGE will reach $0.10 this month, up 9% recently. The increase aligns with the wedge breakout setup on the chart, reflecting growing confidence among market participants.
Shiba Inu remains within a descending channel that has been in place since August 2025. Bollinger Bands are at their tightest in months, with the upper band at $0.00000613, the midline at $0.00000592, and the lower band at $0.00000570. Price is trading between the midline and the lower band, a configuration that typically precedes a directional move.
The RSI is 44.26, which is neutral. The indicator has also formed a higher-low pattern over recent weeks, described as a subtle divergence from price making lower lows.
Shiba Inu’s burn rate rose 119.38% over the past 24 hours, peaking near 1.5 million tokens earlier in the session. April 10 recorded nearly 11 million tokens burned, the highest single-day burn of the past week. The weekly burn rate is up 36.69%.
The burn activity is described as becoming more consistent rather than driven by one-off spikes, which is presented as a meaningful improvement.
Key SHIB levels cited include support at $0.00000570 (lower Bollinger Band) and then $0.00000500. Resistance clusters at $0.00000592 (BB mid), $0.00000613 (upper BB), and $0.00000669.
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