$DOGE Liquidation Shock!

A massive $413K DOGE long position was liquidated at $0.404, catching traders off guard amidst volatile market conditions.

Dogecoin is currently holding firm at the $0.40 mark, showing resilience despite market-wide turbulence.

Key highlights:

Dogecoin's price remains stable around $0.40, forming a strong support zone.

This liquidation marks one of the largest DOGE liquidations in recent weeks, underscoring significant leveraged trading activity.

Spot market interest remains strong, hinting at long-term confidence in $DOGE despite short-term shakeouts.

What’s next for $DOGE ?

With reduced open interest and funding rates stabilizing, Dogecoin might attract new buyers. Analysts are closely watching the $0.47 resistance level, which, if breached, could trigger bullish momentum.

Stay cautious and trade wisely in this high-stakes environment!

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