📊 DOGE: Caught Between Leverage Zones — A Breakout Could Be Near
DOGE is currently trading around $0.1985, right in the middle of a tight zone where Longs have been wiped out below and Shorts are heavily stacked above. This setup often precedes a sharp market move.
📉 Longs flushed — little support below
From $0.175 to $0.195, the Long liquidation curve (in red) steadily declines, indicating that leveraged buyers have been cleared out. The region below is now a liquidity vacuum, and if DOGE dips below $0.195 without a quick bounce, it may drop deeper with little resistance.
📈 Shorts building up — squeeze potential above
Between $0.200 and $0.219, Short positions are rapidly accumulating, especially around $0.208–0.216, where dense liquidation clusters are forming. The cumulative Short liquidation line (green) is climbing steadily, reflecting increasing bearish bets — which creates an ideal setup for a short squeeze if DOGE breaks above $0.200.
📌 Summary: DOGE leans bullish if it breaks $0.200
– Below $0.195, there's little support — any drop could accelerate.
– Above, Shorts are exposed — a breakout may trigger a squeeze.
– A clean break above $0.200 could send DOGE quickly to $0.216–0.219.
🚨 Suggested Strategy:
Watch price action closely around $0.200. If volume confirms a breakout, consider riding the momentum with a Long. If DOGE drops below $0.195 and fails to recover quickly, it’s safer to step aside and wait.
