Updated: June 25, 2025
Dogecoin ($DOGE) – the internet’s favorite meme coin – has just experienced a high-voltage trading event that could signal a powerful upcoming move. With a $5,570 long position liquidated at $0.16501, it’s clear that big money is getting shaken out. But is this the end — or just the beginning of a bullish comeback? Let’s break down this setup in detail, using real price levels, EMA reactions, and key support/resistance zones.
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🔍 Current Market Overview
Current Price: ~$0.1650
24-Hour Change: -3.9%
Market Sentiment: Cautiously Bullish
Despite the red candle, Dogecoin isn’t down for the count. It’s still hovering above key support zones and forming potential bullish structures on lower timeframes. The recent liquidation may just be the “fakeout” before the breakout.
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📉 Why That Liquidation Matters
A long position worth $5.57K was liquidated near $0.16501, which indicates that leveraged bulls were betting on a fast move up — but got caught in a whipsaw.
🧠 Smart Insight:
In many cases, liquidations around strong zones can flush weak hands out, giving whales and patient bulls a better entry. This event could be a shakeout, not a trend reversal.
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🧾 EMA + Price Structure Insight
Price recently bounced near the 50 EMA on the 4H chart.
Higher lows are still intact — a bullish structure unless $0.1545 is broken.
Volume is increasing slightly on dips, suggesting accumulation.
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📌 Buy Zone & Entry Plan
Ideal Buy Zone: $0.1590 – $0.1620
✅ This level has historically acted as a springboard for bullish moves.
✅ Strong wicks and demand shown on previous pullbacks.
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🎯 Target Levels (Upside Potential)
1. Target 1: $0.1720
🔹 Minor resistance, may reject first test.
2. Target 2: $0.1785
🔹 Previous local high – a breakout above confirms bullish trend.
3. Target 3: $0.1850
🔥 Major target — if bulls dominate, price could fly here!
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⛔ Risk Management (Stop-Loss Strategy)
Stop-Loss: $0.1545
⚠️ Below this level, bullish thesis is invalidated.
This SL keeps risk tight while allowing room for natural volatility.
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🧭 Key Technical Levels
Level Type Action
$0.1590 Support Major buy interest zone
$0.1620 Buy Range EMA confluence, accumulation
$0.1725 Resistance Must flip for bullish breakout
$0.1785 Target 2 Local top — breakout confirmation
$0.1850 Target 3 Expansion zone
$0.1545 Stop-Loss Breaks bullish structure
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📊 Market Outlook: What’s Next for DOGE?
While the meme coin is facing short-term pressure, the structure is still intact on higher timeframes. If bulls hold the $0.1590–$0.1620 zone, we may see a fast push toward $0.1725 and beyond.
📈 Volume spikes during dips
📉 Liquidation indicates emotional exits
🔥 Doge has a habit of fast moves — and this could be a setup for one
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📣 Final Thoughts
Dogecoin isn’t just a meme anymore — it’s a trader’s playground. This recent liquidation might have scared off some, but for experienced traders, it could be the perfect opportunity. With a clean support base and clear upside targets, the risk-reward is attractive.
🛎️ Stay alert. Watch for volume spikes near support.
🐶 It’s Doge — and it can bark or bite when you least expect it!
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