DOGE rally 10% for 30 days as leverage dey grow, liquidations dey rise

Dogecoin (DOGE) dey gain short‑term momentum. Di price na about $0.09921, up 2.11% for 24 hours and 10.24% for 30 days. Still, di bigger trend remain weak for DOGE. E don down 42.75% year‑on‑year and e dey trade 22.27% below di 200‑day moving average. On‑chain and holder metrics still bearish: MVRV na 0.686 (about 31.4% below realized value) and NUPL na −0.459, wey show say many holders dey underwater — e be like capitulation zone. Di rebound largely dey driven by derivatives. DOGE open interest climb 15.73% to roughly $1.02B (about 6.05% of market cap). Long/short ratio jump to 2.057, meaning leveraged traders dey lean bullish. But as leverage dey rise, liquidation risk dey increase. Total liquidations for di last 24 hours na about $1.99M, including about $1.10M short liquidations and about $0.891M long liquidations. Dis fit cause sharp upside if momentum hold, but e fit reverse quick if sentiment flip. For traders: DOGE dey supported by speculative positioning and valuation signals, but expect high volatility because liquidation overhang dey present.