🚨 DOGE Dip or Setup? Let’s Talk 🐶📉

DOGE just slid ~5%, bucking its 20%+ gain this past month. Is this the start of a bigger correction… or just a breather before the next leg up? 🤔

Here’s what the data says 🧵👇

🔹 Resistance Test: DOGE hit a level that’s rejected price 5 times before. Only once did it hold above. But this time, the sell pressure looks... weaker.

🔹 Buyers Stepping In: Spot buyers scooped up $16.9M worth of DOGE recently — and moved it off exchanges. That’s not a scalp, that’s conviction 💪

🔹 Funding Rate Positive: Open interest funding is rising (+0.0047%), showing futures markets are still net long. Bulls aren’t backing down yet.

🔹 Heatmap Alert: $1.4M in liquidation potential sits just above current price. Historically, price gravitates to zones like this. Could trigger a squeeze. ⚠️

Bottom line? Sentiment’s mixed, but smart money looks positioned for upside. If DOGE breaks resistance with volume, that yellow heatmap cluster might just be the next stop 🚀

Stay sharp, memecoiners 🧠