<ul><li>Despite a minor price pullback, interest in Dogecoin futures has surged to $1.62 billion, indicating persistent speculative positioning.</li><li>Dogecoin's price recently rallied from $0.16 to over $0.24, then eased back to the $0.22–$0.23 range, with traders maintaining optimism about the upward trend.</li><li>Funding rates remain positive, with futures traders mostly in long positions, potentially fueling a continued rally but also posing risks if the price declines.</li><li>Market analysts are closely watching Dogecoin's support level around $0.22; holding above this point could lead to a potential move towards $0.27, while a drop below may invite short seller pressure.</li></ul>

Price Down, Bets Up: Dogecoin Open Interest Climbs To $1.62 Billion

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