$DOGE /USDT – Shorts Just Got Wrecked!
Short Liquidation: $2,063.90 at $0.22685
A significant $2.06K in short positions were liquidated at $0.22685, indicating a sudden surge that caught bearish traders off guard.
This kind of move often signals a potential shift in momentum, with bulls seizing control.
📊 Potential Long Setup (If Momentum Continues):
Entry Zone: $0.225 – $0.227
TP1: $0.232
TP2: $0.238
TP3: $0.245
Stop Loss: $0.219
📍 Key Levels:
Liquidation Point: $0.22685
Support: $0.220
Resistance: $0.230
24H Range: $0.215 – $0.235
📈 Market Insight:
The liquidation of short positions at this level suggests that bearish momentum has been halted, and a bullish reversal could be underway.
If $DOGE maintains above $0.225, it may attract more buyers, pushing the price higher.
💡 Pro Tip:
Monitor trading volume closely. An increase in volume accompanying a price rise above $0.230 could confirm the bullish trend.
Set alerts for key resistance levels to capitalize on potential breakouts.