$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.

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