$DOGE

$83.6K in Longs Liquidated at $0.245

Dogecoin traders just faced a significant setback as $83.6K in long positions got wiped out at $0.245. The failure to sustain bullish momentum raises concerns about further downside risk.

🔍 What’s Next for DOGE?

If DOGE struggles to regain $0.250, the market may push it towards $0.238 - $0.230 support levels.

A bounce above $0.248 could indicate a possible recovery, targeting $0.255 - $0.260 in the short term.

Increased sell-offs might accelerate further liquidations, making this a critical zone to watch.

📊 Key Levels to Watch:

Resistance: $0.250 - $0.255

Support: $0.238 - $0.230

Trend Confirmation: Above $0.248 for recovery

With market volatility rising, DOGE traders should approach cautiously and look for strong confirmation signals before entering new positions.