The DOGE market is simply crazy! A massive wave of liquidations has struck, directly kicking the bulls stationed at $0.408 out of the game, and the entire market has shaken three times, feeling like something big is about to happen. Such a scenario usually indicates that the upcoming market fluctuations will be extremely intense, trading partners, the opportunity is right in front of you!
So what's the current situation?
The price is set at $0.40. The bearish pressure this time is quite intense, but if the buyers can unite again, a rebound may be just around the corner.
The trading volume is also impressive; this time the liquidation is so significant that it shows the participants in the market are quite active. The upcoming price changes may be fast and dizzying.
If you're looking to buy, consider the range between $0.390 and $0.400. At this price, the bulls might come out to 'rescue' the situation.
Speaking of target price levels, let's first keep an eye on $0.415 in the short term, as there is some resistance there. For the medium term, $0.435 is a major level; if we can break through that, it would be impressive.
The stop-loss point is set at $0.385. If it falls below that, it might drop further, so caution is advised.
As for the direction going forward, if DOGE can return to $0.415, the upward momentum might be unstoppable, and it could quickly reach the target price.
Don't forget to check the trends of Bitcoin and the entire market. If other major cryptocurrencies rise, DOGE could also benefit and soar together.
