Key Notes
- DOGE begin hobby dropped 1.5% to $1.43 billion as traders closed $20 million in futures positions following Musk’s announcement.
- The lengthy-short ratio declined to 0.98, indicating novel futures contracts are predominantly bearish bets in opposition to the memecoin.
- Technical indicators demonstrate DOGE trapped below three key challenging averages with MACD signaling power shy away momentum in spite of gentle RSI recovery.
Dogecoin DOGE $0.15 24h volatility: 4.0% Market cap: $23.16 B Vol. 24h: $1.82 B price remained muted below $0.15 on Nov. 24, breaking its ancient tendency to rally proper thru bullish bulletins from Elon Musk. The Tesla CEO printed on Nov. 23 that a secret AI unit interior the carmaking agency done a broad breakthrough in AI chip manufacturing.
Most folk don’t know that Tesla has had an developed AI chip and board engineering group for a pair of years.
That group has already designed and deployed quite loads of million AI chips in our autos and files centers. These chips are what enable Tesla to be the leader in right-world AI.
The…
— Elon Musk (@elonmusk) November 23, 2025
Musk severely raised eyebrows, emphasizing that Tesla is now positioned to surpass the blended output of present gamers admire NVIDIA and TSMC. The assertion fueled aggressive bidding on Tesla shares. The TSLA inventory jumped 7.5% on Nov. 24, trading at $420, lifting its market capitalization to $1.2 trillion, essentially based mostly on Yahoo Finance files.
Tesla (TSLA) Portion price | Offer: Yahoo
Tesla (TSLA) portion price rose 7% on Nov. 24 after Elon Musk confirmed breakthrough in AI chips in manufacturing on Nov. 23.
On the different hand, bullish sentiment spherical Tesla didn’t spill into Dogecoin markets. DOGE traded within a tight $0.14 to $0.15 zone as speculative traders reacted defensively to Musk’s announcement.
Dogecoin derivatives market diagnosis, Nov. 24, 2025 | Offer: Coinglass
Coinglass files reveals DOGE begin hobby fell 1.5% in the final 24 hours to $1.43 billion. Merchants closed roughly $20 million in futures positions, signaling a definite sell-the-news pattern.
Extra critically, DOGE’s lengthy-short ratio declined to 0.98. This confirms most novel futures contracts placed after Musk’s update leaned bearish, posing more shy away risks ahead.
Dogecoin Label Forecast: Bears Retain Momentum as Indicators Display screen a Oldschool Recovery Strive
Dogecoin trades near $0.15 after a delicate-weight green candle on Nov. 24, yet the broader structure remains firmly bearish. DOGE price continues to hover below the 5-day and eight-day SMAs shiny above $0.15, showing solid overhead roadblocks, further bolstered by the 13-day SMA at $0.15.
The chart reveals a failed recovery near Nov. 10, marked by the green arrow, adopted by renewed selling strain highlighted by the crimson arrow. With that loss of life-defective in mid-November quiet in place since, Dogecoin’s price rebound potentialities remain uncertain.
Dogecoin (DOGE) Technical Diagnosis | Nov. 24
The MACD line remains below the signal line, with both sliding deeper into hostile territory. This signals power shy away momentum, in spite of the little price uptick on Nov. 24.
The RSI at 41.22 reveals Dogecoin hovering shiny above oversold cases, indicating gentle buyer hobby nonetheless no confirmed reversal. The RSI’s unhurried upward flip suggests weakening bearish strain, nonetheless not ample to shift market structure.
If bearish traders continue pressing, DOGE price risks revisiting make stronger near $0.145. A spoil below this stage exposes $0.138. For bulls to procure adjust, DOGE must conclude above $0.154 and reclaim all three SMAs overhead.
Disclaimer: Coinspeaker is committed to providing autonomous and clear reporting. This text targets to notify shiny and timely files nonetheless mustn’t be taken as financial or funding advice. Since market cases can exchange with out warning, we serve you to envision files for your enjoy and talk about about with a legitimate earlier than making any choices essentially based mostly on this instruct.
