Dogecoin Price Hinges on $0.081 Breakout as Open Interest Surges

Dogecoin's price has been struggling to break above the $0.0968 resistance level, keeping it in a downtrend.

The asset is currently trading at $0.07199, down 1.89% over the past 24 hours, with the 14-day Relative Strength Index (RSI) at 43.74, below the neutral 50 level.

Crypto analyst Ali Charts has predicted a breakout above $0.081 could clear the way for a move toward $0.177, citing significant historical accumulation around this price zone.

Rising open interest and improving market participation suggest confidence in Dogecoin may be returning, with traders continuing to build new positions without excessive leverage.