$DOGE Short Liquidation: $79.71K at $0.19261

Short sellers got squeezed — bulls are shifting the balance

📈 Trend: Bullish Bounce in Progress

A massive short liquidation near $0.1926 reflects strong buying pressure. This sudden move up suggests buyers are reclaiming control after recent weakness.

📊 Market Sentiment:

• DOGE fell ~8–10% recently, trading in the $0.21 zone before a sharp dip. Volume surged to 1.25 billion DOGE in a day, signaling liquidation-driven activity. Institutional wallets reportedly added ~310 million DOGE during the decline, hinting at accumulation amid the sell-off. 

• Over the past 24 hours, about $635 million in total crypto liquidations occurred, with DOGE long positions bearing the brunt. Shorts were only a minor fraction, underlining the bearish pressure specifically relieved by this recent squeeze. 

• Technical indicators remain cautious: RSI is below neutral, and DOGE failed to defend the $0.20–$0.23 resistance zone. Continued macro uncertainty, such as rising dollar strength, has weighed on sentiment.   

💡 Next Move:

Buy or Hold (selectively)

Momentum is returning, but confirmation is key. Wait for sustained price above $0.195 before scaling in more.

🎯 Upside Targets:

• Target 1: $0.1965

• Target 2: $0.205

• Target 3: $0.215

🛑 Stop Loss: $0.188

🔼 Resistance: $0.195

🔻 Support: $0.192

Summary:

$DOGE is rebounding after a large short squeeze at $0.1926. Institutional accumulation was spotted near prior support, and the squeeze may trigger a short-term retracement higher. However, unless DOGE breaks above $0.195 on volume, structural weakness remains. Follow price action closely—this rally may hinge on follow-through.

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