Massive Short Liquidation: $DOGE
Shorts Wiped Out for $102K at $0.325!
The Dogecoin bulls are on a rampage as $102,000 worth of short positions were liquidated at $0.325, sending a strong signal of bullish dominance.
What Caused the Liquidation?
1. Upward Momentum: DOGE surged with renewed buying interest, pushing shorts into unfavorable positions.
2. Short Squeeze: Liquidations added fuel to the rally, amplifying the upward pressure.
Key Levels to Watch for DOGE
Support Zone: $0.320 could serve as a crucial level to maintain bullish strength.
Resistance Zone: A breakout above $0.330 might lead to an extended rally.
Market Sentiment
With this substantial short squeeze, DOGE is in the spotlight. Will the bulls capitalize further, or will profit-taking slow the momentum? Watch closely as the market heats up!