$DOGE Market Update
Liquidation Alert:
$98.5K in long positions were liquidated at $0.271, indicating strong selling pressure and a potential shift in momentum.
Market Overview:
$DOGE has experienced a decline following the liquidation of long positions. The price is now testing key support levels, and the next move depends on whether buyers step in or further downside unfolds.
Key Levels to Watch:
Resistance: $0.335 – $0.340 (Breaking above this zone could signal a recovery)
Support: $0.320 – $0.315 (If this level fails, more downside may follow)
Trade Strategy:
Buy Zone: $0.320 – $0.327 (If price stabilizes and shows bullish reversal signs)
Sell Zone: $0.335 – $0.340 (If price struggles to break above resistance)
Target: $0.345+ (If DOGE gains momentum and breaks resistance)
Market Sentiment:
$DOGE is under pressure after long liquidations. If the price holds above $0.320, a recovery is possible. A breakdown below support could lead to further losses.
Stay alert and adjust your strategy accordingly.
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