DOGE crossing the downward trend line; 12% jump, a real opportunity?
However, data analysis shows that this jump coincided with a significa increase in DOGE inveory on exchanges and a sharp growth in leveraged positions, which increases the risks inhere in the market.
During 2025, the Dogecoin balance on the Binance exchange increased from 7.9 billion to 10.9 billion, which usually means increased liquidity and willingness to trade more.
On the other hand, the volume of derivative coracts is heavily weighted towards long positions and about 850 million dollars of long positions against only 22 million dollars of short positions. This combination increases both the poteial for price growth and the risk of forced liquidation.
DOGE is currely trading in the $0.132 range and indicators suggest that buyers have short-term corol of the market. However, the closeness of RSI to the overbought range and the increase in the inveory of exchanges reinforces the risk of a price correction.
