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Dogecoin Trades at $0.07 as Binance Account Ratios Favor Longs

Dogecoin Trades at $0.07 as Binance Account Ratios Favor Longs

Photo: TokenPost

Dogecoin (DOGE) was up 0.59% over 24 hours at $0.07, while Binance account ratios showed most tracked accounts long amid weak spot indicators. At 2 a.m. ET (07:00 UTC), 72.6% of Binance global accounts were long and 27.4% were short. Among top-trader accounts, 77.6% were long and 22.4% were short. These figures describe Binance account cohorts, not all DOGE holders. The one-hour taker buy/sell ratio was 1.2779, with buy volume of 24,388,405 and sell volume of 19,085,301. DOGE traded below its 20-day and 50-day simple moving averages, both at $0.08, and its 200-day average at $0.09.

Source: TokenPost

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