$DOGE DOGE Faces Heavy Liquidation – $264K Long Wiped Out at $0.250

A massive $264K long position just got liquidated at $0.250, shaking up the market. This liquidation suggests that leveraged buyers were unable to sustain momentum, leading to a wave of selling pressure.

What’s Next for DOGE?

$DOGE With such a significant shakeout, the market could see further downside if support levels fail to hold. If buyers regain strength, we might see a rebound toward $0.26-$0.27. However, if bearish pressure intensifies, DOGE could drop toward $0.24-$0.245, where liquidity may build up.

Key Levels to Watch:

Resistance: $0.258 - $0.265
Support: $0.242 - $0.248

The market remains volatile, and traders should be mindful of sudden price swings. A decisive move above resistance could signal renewed bullish momentum, while failure to hold key levels may invite further liquidations.

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