$DOGE Technical Analysis – High Volatility Alert!
A major long liquidation of $6,309.9K just occurred at $0.27472, indicating strong market movements. This could create opportunities for traders.
Current Market Overview:
Price Action: $DOGE is facing high volatility after the liquidation event.
Key Resistance: $0.2850 – $0.2900
Key Support: $0.2550 – $0.2600
Trading Plan:
Long Position (Bullish Setup):
Buy Zone: $0.2580 – $0.2650
Target 1: $0.2780
Target 2: $0.2850
Target 3: $0.2950
Stop Loss: Below $0.2520
Short Position (Bearish Setup):
Sell Zone: $0.2750 – $0.2800
Target 1: $0.2650
Target 2: $0.2550
Target 3: $0.2450
Stop Loss: Above $0.2850
Market Sentiment & Strategy:
If DOGE holds above $0.2650, bullish momentum could push it towards $0.2850+.
A break below $0.2550 may trigger more downside towards $0.2450.
Watch Bitcoin’s movement, as it influences $DOGE price action.
Traders should manage risk properly and use stop-loss orders to avoid liquidation. Stay alert for market updates.
#PENDLE #BinanceAlphaAlert #BNBChainMeme #CryptoLovePoems #PPIShockwave