dogecoin 
$0.1278 (DOGE) fell below the $0.13 level due to intense spot sales on Tuesday, and at the same time, there was a remarkable movement in the derivative markets. According to BitMEX data, while DOGE futures trading volume increased by 53,000 percent to 260 million dollars, it was seen that investors were preparing for harsher price fluctuations in the short term. Memecoin While the U.S. side continued to remain under pressure, the overall cryptocurrency market showed an unstable appearance during the day. Whether or not the critical threshold of $0.13 can be regained will determine the fate of the possible reaction rise.
$0.13 Threshold Broken in Dogecoin
DOGEdecreased by 2.3 percent in the last 24 hours, from $ 0.1323 to $ 0.1292. The $0.1300 bottom was broken down with the highest spot volume of the trading session, and the psychological support zone is now viewed as a zone of selling supply above.
Confirmation of the breakout came during US trading hours. Volume 639 million units on December 23 at 19:00 CET coinand sat approximately 101 percent above the session average. The withdrawal of buyers who defended the $0.13 area in previous attempts indicated that the flow had turned in favor of the sellers.
On the intraday chart, sales gained momentum again around 04.41 CET. The price broke below the 0.1295 and 0.1292 intermediate supports. As the current structure evolves into a pattern that remains below short-term averages and gives the appearance of a downward channel, the likelihood of reaction movements remaining shallow has increased.
Explosion in Futures Transactions
The jump on the derivative side shows betting on volatility as well as direction. BitMEXreported that DOGE futures trading volume increased by 53,000 percent to $260 million. As the spot price weakens, the increase in leveraged transactions means that the movements may be extended if the stops work.
As is known memecoinSince ‘s are used as “high beta” positions that are sensitive to sentiment and liquidity, shifts in positioning can have a harsher impact on DOGE. Accelerating runs towards liquidity pockets are more common, especially when round levels such as $0.13 are broken.
The intraday range on Dogecoin widened to $0.0047 (about 3.6 percent). This expansion confirmed that volatility was increasing. Regaining $0.13 and holding above it could open the possibility of a bounce towards $0.1320 as short positions are closed. In the opposite scenario, the market may test the next set of demands in the $0.1285–0.1280 band with stops below 0.1290.
CryptoAppsy According to data, Dogecoin is trading at $ 0.1273, with a decrease of 2.16 percent in the last 24 hours at the time of writing.
