With 76% of DOGE traders on Binance holding long positions, this suggests strong bullish sentiment in the market. A significant outflow of $18 million in DOGE from exchanges indicates potential accumulation, even as DOGE’s price currently hovers at $0.26, reflecting a 3.5% decrease over the past 24 hours.

DOGE resides within the influential golden Fibonacci zone, making it an attractive long opportunity. If DOGE can clinch a daily close above $0.28, it could see a 35% surge, targeting $0.39. This technical outlook combined with bullish trading sentiment sets a promising stage for potential rallies.