recently experienced a short liquidation of #DOGE $7,454.10 at a price of $0.17063. This event indicates that some traders betting against the price movement of DOGE were forced to close their positions, potentially signaling a shift in market sentiment.
Current Market Overview:
At this moment, DOGE is trading at approximately $0.169826, with an intraday high of $0.172743 and a low of $0.162426. These data reflect a relatively stable trading range, suggesting that the market is in a consolidation phase.
Technical Analysis and Key Levels:
Recent analyses have identified critical support and resistance levels for DOGE:
Support Levels:
$0.18959: Immediate support, recently established before the price rose. A break below this level could suggest a weakening of momentum.
$0.17579: A stronger support level that could attract buyers if the price retreats further. This level is critical as it indicates potential demand in the event of a correction.
$0.16530: The 24-hour low, which acts as a strong support base and could be the last