š¶ $DOGE Liquidation Update ā Ready to Explode?
š The 7-day liquidation map shows DOGE sitting right at a critical zone around $0.165, positioned between two major pressure points. Below this level, high-leverage long positions have already been flushed out (as indicated by the sharp drop in the red curve). Above, there's a growing cluster of unliquidated short positions, peaking between $0.168ā$0.172, with cumulative exposure exceeding $120 million, mainly from Bybit and Binance.
š DOGE is currently at the tipping point. A breakout above $0.168 could trigger a short-squeeze, propelling the price higher.
š Key observations:
āļø Longs have been cleared out below, creating a clean base.
āļø Shorts are building up heavily above, offering upside fuel.
āļø The $0.170ā$0.172 zone holds major liquidation volume ā the next target if $0.168 breaks.
šÆ Conclusion: DOGE is in a consolidation phase at a crucial level. If buying pressure pushes the price above $0.168ā$0.172, a rapid move up is likely as shorts get squeezed.
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