<ul data-eligibleForWebStory="true"><li>Dogecoin has faced significant selling pressure in June, with a nearly 30% loss in value over the last month, discouraging many holders.</li><li>Despite the recent downward trend, technical indicators and macroeconomic reports suggest a potential shift in sentiment heading into July.</li><li>Bitwise filed updated S-1 registration statements for Dogecoin ETFs with the SEC, signaling progress in the approval process.</li><li>On-chain sentiment hints at cautious optimism among traders, with a positive funding rate and indicators suggesting a potential price recovery.</li></ul>

Dogecoin Finds Support at 2-Year Trend Base—Open Interest Signals Cautious Optimism

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