$DOGE Short Liquidation Alert! 🔥
💥 $41.11K in Shorts Liquidated at $0.31438 💥
The Dogecoin (DOGE) market is surging after a major short squeeze, setting the stage for bullish momentum. Here’s your ultimate trading breakdown:
📊 Key Market Data:
Current Price: ~$0.315 (approx.)
Liquidation Level: $0.31438
Market Sentiment: Bullish, with strong buying pressure pushing prices higher.
🚀 Entry Point:
Ideal Long Entry: $0.310-$0.316, aligning with support and breakout levels.
🎯 Target Levels:
1. Short-Term Target: $0.325
2. Mid-Term Target: $0.340
3. Stretch Target: $0.360
📉 Stop Loss:
Place a stop-loss below $0.305 to manage downside risks.
📌 Trading Strategies:
1. Scalpers: Enter near $0.315 and target quick exits at $0.320-$0.325.
2. Swing Traders: Build positions between $0.310-$0.316, aiming for $0.340 or higher in the medium term.
3. HODLers: Accumulate gradually if $DOGE sustains momentum, as it could signal a larger breakout.
💡 Key Levels to Watch:
Resistance: $0.325 (short-term) and $0.340 (mid-term).
Support: $0.310 (critical level to maintain bullish momentum).
⚠️ Risk Reminder:
Crypto markets are unpredictable and volatile. Always DYOR (Do Your Own Research) and manage your risk effectively.
🔥 #DOGE traders, the meme coin is back in action! Will it keep soaring, or face resistance? Stay sharp!