Dogecoin Open Interest Hits $1.26B as Bulls Eye $0.093
Dogecoin (DOGE)
Editor:
Eugene Serbin
CoinGape reports that Dogecoin price hovered at $0.0848 as open interest hit $1.26 billion, keeping the $0.093 upside target within reach. The broader crypto market gained 1.32% to $2.65 trillion as regulatory optimism strengthened sentiment. Bitcoin price traded near $78,905, while Ethereum stood around $2,532 and XRP reached $1.44.
Traders are now waiting for tomorrow’s vote on the CLARITY Act and Wednesday’s FOMC decision. A crypto analyst has outlined a $0.093 target for Dogecoin based on its four-hour market structure. The prediction comes after a second bounce off the lower trend line of an uptrend price channel.
DOGE is currently in this rising formation and has been steadily marking support levels. The analyst believes that DOGE is likely to move up to the upper line of the channel around $0.093. That level is the next big resistance in the ongoing formation.
If the DOGE long-term prediction closes in a four-hour timeframe above $0.09, it may lead to a rally to $0.095. The trading volume for Dogecoin derivatives surged by 65.06% to $1.17 billion, reflecting a strong uptick in activity. Open interest fell by 1.63% to $1.26 billion despite the higher trading volume.
How the market reacted
Whalio's own Binance spot order flow for DOGE, measured when this story was written up on 14 September 2026. Not the outlet's figures.
Whalio data shows Dogecoin trading at $0.08240, with a 1-hour buy ratio of 46.2% and a 4-hour buy ratio of 51.1%. The 24-hour buy ratio sits at 46.6%, indicating that buying pressure is fading over the longer timeframe compared to the short-term 4-hour window. The 1-hour volume delta is negative at -$144,500, while the 4-hour delta is positive at +$182,036, showing mixed immediate sentiment. The 24-hour volume delta is -$1,934,048, and the CVD closed at -$939,409, suggesting net selling pressure over the day. There were 11 hours of net buying out of 24, with a spot volume of $28,254,156 and 295,856 trades. This indicates that while there are pockets of buying, the overall daily flow is dominated by sellers.
The latest daily buy ratio of 37.6% sits at the 0th percentile of the last 322 days, against a median of 48.9% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for DOGE, averaged over the days leading up to the story.
The 7-day average buy ratio is 49.2%, making the current 24-hour ratio of 46.6% slightly below average by 2.6 points. Volume is at 0.42x the average, indicating a significantly quieter day than usual. There were only 2 days of net buying in the past week, compared to the 11 hours of buying today. The price change over 8 days is -9.4%, with a total volume delta of -$6,417,441. This suggests that today is an ordinary day for the coin in terms of buying ratio but unusual due to the low volume relative to the weekly average.