<ul><li>Dogecoin traders are bullish following positive on-chain metrics signaling potential new highs.</li><li>Over 69.5% of open positions on Binance Futures for Dogecoin are long, indicating trader optimism.</li><li>The long-to-short ratio is 2:2, suggesting potential volatility in the market.</li><li>Amid positive on-chain factors, there is anticipation among DOGE bulls for a potential jump in price, with $0.5 being the next target.</li></ul>

Dogecoin Traders Are Going Long: Is A $0.5 DOGE Price Jump On The Horizon?

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