DOGE Drops 6.28% Amid Extreme Fear—Futures Open Interest Falls, Volume Hits $1.9 Billion
Dogecoin (DOGE/USDT) has experienced a notable price decline of 6.28% over the past 24 hours, currently trading at $0.10145 on Binance. This downward movement is primarily attributed to a broader market sell-off, reduced retail investor interest, and the prevailing "extreme fear" sentiment within the cryptocurrency sector. Additional contributing factors include a decrease in Dogecoin futures open interest to $1.16 billion, several large liquidations, and technical indicators signaling bearish momentum. Trading volume for Dogecoin remains significant at approximately $1.9 billion, though this represents a decrease from the previous day. Despite the price drop, Dogecoin continues to maintain a robust market capitalization of around $17.2 billion and demonstrates strong community activity.
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BCH Price Drops 2.49% Amid Strong Sell Signals and High Volume; Mainnet-js v3.0.0 Launch Boosts Developer Interest
Bitcoin Cash (BCHUSDT) is currently trading at $516.8 on Binance, reflecting a 2.49% decrease over the last 24 hours from the previous open of $530.0. The recent price decline is primarily attributed to profit-taking at key resistance zones ($590-$600) and a "Strong Sell" signal reported by several analysts following a break below major pivot points. Despite a modest relief rally and buyer activity near $456 earlier in the week, sentiment remains mixed due to ongoing volatility, cautious technical indicators, and traders shifting towards short positions. Trading volume remains robust, with recent 24-hour turnover exceeding $438 million, and the market capitalization holding above $10.5 billion, supported by a circulating supply of nearly 20 million BCH. Key technical and ecosystem updates, such as the launch of Mainnet-js v3.0.0 and upcoming upgrades, continue to draw developer and institutional interest, but current price movement reflects market indecision at critical levels.
Whale Alert🐳: With $SOL now plummeting to $90, the whale wallet 0x35d1, which has been shorting SOL since last NOV, is now sitting on an unrealized profit of $30.01M – absolutely mind-blowing.
This wallet currently holds SOL short positions worth $52.68M, opened at an AVG price of $143.
It also has a small number of $BTC and $ETH short positions in its portfolio, bringing the total unrealized profit to over $34M.
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$COLLECT /USDT Long Signal trading post based on your chart data (strong +38% momentum, high volume, breakout structure):
🔥 COLLECT/USDT — LONG SETUP
💰 Entry Zone: 0.0400 – 0.0425
(near current price & breakout retest area)
🎯 Targets:
• TP1: 0.0450
• TP2: 0.0550
• TP3: 0.0650
🛑 Stop Loss: 0.0370
📊 Key Levels:
• Support: 0.0370 / 0.0310
• Resistance: 0.0450 / 0.0550 / 0.0650
• 24H High: 0.04295 (break = continuation)
⚡ Setup Logic:
• Strong +38% bullish momentum
• Heavy 24h volume (1.37B)
• Breakout above 0.040 structure
• Bullish continuation likely after pullback/retest
📈 Plan: Buy dips → scale out at targets → trail stop after TP1
If you want, I can also format this into Telegram-style, Twitter/X post, or VIP signal layout.
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What WMA Really Measures
The Weighted Moving Average (WMA) measures the average price of an asset over a specified period, but with a critical distinction: it assigns greater weight to more recent price data. Unlike the Simple Moving Average (SMA), which treats all periods equally, the WMA emphasizes recent market behavior by applying descending weights to older data points.
This design makes the WMA more responsive to recent price changes, offering a clearer reflection of current momentum and trend direction. It helps traders identify whether the market is gaining or losing strength by focusing on the most recent activity.
In trending markets, the WMA acts as a dynamic support or resistance level. When prices are above the WMA, it signals bullish momentum, and when below, it indicates bearish sentiment. Because of its sensitivity to new data, the WMA reduces lag, providing earlier signals than the SMA. However, this responsiveness can also lead to more false signals in choppy or sideways markets.
By measuring weighted average price movement, the WMA offers a nuanced view of trend strength—not just trend direction. A steeply rising WMA suggests strong buying pressure, while a flattening WMA indicates weakening momentum. This makes WMA an effective tool for spotting trend reversals and confirming trend continuation in real-time.
In crypto markets, where volatility and rapid shifts are common, WMA helps traders align with trend dynamics that matter most: recent price behavior.