🔴 $DOGE Liquidated Long: $89.5K at $0.315
A massive $89.5K long position on $DOGE was liquidated as the price hit $0.315. This indicates a significant downward pressure in the market.
Key Levels to Watch:
Support: $0.300
If the price breaks below $0.300, it could trigger more selling pressure, pushing DOGE lower.
Resistance: $0.330
DOGE needs to break and sustain above $0.330 to show signs of recovery.
Next Move Suggestions:
For Buyers: Wait for the price to stabilize near the $0.300 support zone. If strong buying pressure emerges, consider entering with a tight stop-loss.
For Sellers: If DOGE struggles to reclaim $0.330, this might be a good opportunity to short with a target around $0.300 or lower.
.Keep your risk management in check. The market is volatile, and sudden price swings are possible.
. Monitor the broader crypto market sentiment for additional clues.
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