$DOGE Ignites as Shorts Get Wiped!
A major $73.17K short liquidation just struck at $0.2079, fueling bullish momentum as the Dogecoin army bites back with strength. The sudden surge in liquidations hints that bears got caught off guard while DOGE prepares for its next leg higher.
Market Outlook:
DOGE bounced powerfully after testing the $0.200 support zone, flipping sentiment from neutral to bullish. Buyers are now targeting a clean break above key resistance levels as momentum accelerates across the memecoin space.
Key Levels to Watch:
Support: $0.200 – $0.204
Resistance: $0.212 – $0.218
Trade Setup:
Buy Zone: $0.205 – $0.208 (on retracement confirmation)
Take Profit 1: $0.212
Take Profit 2: $0.218
Stop-Loss: $0.198
Insight:
The short squeeze has injected fresh energy into DOGE’s price action, hinting at a possible continuation if volume remains strong. A decisive close above $0.212 could mark the start of another impulsive rally.
Next Move:
Watch for follow-through buying — DOGE thrives on momentum, and this liquidation event may be the spark for a broader bullish wave.
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