Massive DOGE Short Liquidation!
A $DOGE $50.1K short position just got wiped out at $0.260, signaling intense volatility in the market. This liquidation suggests bulls are gaining control, potentially squeezing more short sellers.
📊 What’s Next?
If buying pressure continues, DOGE could push towards $0.275 - $0.285 in the short term.
However, failure to hold above $0.260 may trigger a retest of $0.245 - $0.250 support.
⚡ Strategy Update:
Breakout traders may look for confirmation above $0.265 for a continuation move.
Scalpers should watch for a potential dip-buy opportunity near $0.250.
🔎 Stay alert! A decisive move is coming soon. Risk management is key.
#DOGE #CryptoSignals #MarketUpdate