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Dogecoin jumps 4.87% on short squeeze, eyes $0.095 resistance amid rising open interest.

Technical Signals
06 Sep 2026
Blockonomi
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Bullish
Dogecoin jumps 4.87% on short squeeze, eyes $0.095 resistance amid rising open interest.

Dogecoin surged 4.87% to $0.0902, outperforming Bitcoin and the broader crypto market due to a short squeeze in derivatives pushing open interest up 8.5% to $282 million. The price rallied sharply from $0.0876 to $0.0952, with $0.088 now acting as key support. Upcoming catalysts include the U.S. CPI report on September 11, which could influence Dogecoin's next price move. Traders will watch if DOGE can hold above $0.088 to maintain its bullish momentum.

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Dogecoin trades near $0.08, slightly up with an October forecast target of $0.083.

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Dogecoin (DOGE) traded at $0.0799 on October 23, showing a slight increase of 0.58% over 24 hours and staying just below the $0.08 mark. An earlier forecast from October 21 predicted DOGE would reach $0.083 by October 31, within a range of $0.072 to ...

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