<b>Dogecoin Price Falters at Key Resistance Levels</b>

Dogecoin's recent price movements have been characterized by a struggle to break through key Fibonacci resistance levels, resulting in bearish technical indicators. On the four-hour chart, the cryptocurrency's price action shows sellers defending key resistance levels.

Derivatives data signals restrained risk appetite, which is further reflected in the moderate participation and cautious trader behavior indicated by open interest near $1.03 billion. This level suggests that traders are approaching current price levels with a sense of caution rather than euphoric speculation.