Dogecoin ETF Inflows Support Recovery but Resistance Remains

| coinjournal.net
Dogecoin (DOGE) ETF inflows continue to support its recovery, although the latest report shows demand has cooled. Earlier data indicated $860,960 in weekly spot ETF inflows and a four-week positive streak, while the newer report recorded $327,360 and a three-week streak, suggesting that inflows remain positive but may be moderating. DOGE traded above $0.096 and remained above its 200-day EMA near $0.093, its 50-day EMA near $0.088 and its 100-day EMA around $0.086. Derivatives positioning was slightly bullish. The long-to-short ratio stood at 1.01, while the 0.0092% funding rate showed that long traders were paying shorts. This points to stronger demand for bullish perpetual-futures positions, but also raises liquidation risks if DOGE reverses. RSI near 58 indicated positive but not overbought momentum, while a slightly negative MACD suggested that upside momentum was weakening. DOGE faces key resistance at $0.102. A sustained breakout could target the $0.1050, $0.11 and $0.1150 areas. Failure to hold support near $0.093 could expose DOGE to $0.088 and $0.086, with earlier analysis identifying deeper downside risk near $0.0883. Traders should monitor ETF flows, leverage and confirmation above $0.102. Broader weakness in Bitcoin and the crypto market could continue to pressure DOGE.
Bullish
The news is cautiously bullish for DOGE because spot ETF products have maintained net inflows, extending a multi-week positive streak. DOGE is also trading above its major moving-average supports, while the long-to-short ratio and positive funding rate indicate a modest bullish bias in derivatives markets. However, the signal is not strongly bullish. The later inflow figure is lower than the earlier report, suggesting that demand may be losing momentum. Positive funding can amplify downside volatility by increasing the risk of long liquidations. The slightly negative MACD also points to weakening short-term momentum. A decisive break above $0.102 could attract momentum traders and support a move toward $0.105 and higher. Conversely, failure at resistance or a break below $0.093 could trigger a pullback toward $0.088 and $0.086. In the short term, DOGE may remain volatile and range-bound; over the longer term, sustained ETF inflows could improve sentiment if they continue without excessive leverage.