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Dogecoin rises 3% after bouncing from key support amid growing retail interest and mixed institutional flows

Technical Signals
03 Jul 2026
Blockonomi
View Source
Neutral
pluang ai news

Dogecoin (DOGE) climbed about 3% to $0.075 following a bounce from the critical $0.0700 support level, signaling potential short-term recovery. Despite $871,110 in ETF outflows marking rare institutional withdrawals, retail engagement is growing as futures open interest surged over 7% to $1.04 billion. Technical indicators show bullish signs with RSI rebounding from oversold and a bullish MACD crossover, though DOGE remains below key moving averages. Historically, July tends to be a weak month for DOGE, with a median 12-year decline of 4.6%, and the token faces inflationary pressure from ongoing new supply without burn mechanisms.

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