$DOGS Short Liquidation: $10.066K at $0.38304 š
DOGE has triggered a short liquidation at $0.38304, signaling potential bullish momentum as shorts exit and buyers gain control.
š„ Next Steps:
1ļøā£ Buy Zone:
Look for entries around $0.3750 - $0.3850 to catch the wave early.
2ļøā£ Targets šÆ:
Target 1: $0.4000 ā Immediate resistance level.
Target 2: $0.4250 ā Mid-term breakout zone.
Target 3: $0.4600 ā Long-term target if momentum sustains.
3ļøā£ Stop Loss:
Place a stop loss at $0.3650 to protect against unexpected pullbacks.
š Why $DOGS Could Pump:
Short Liquidation Pressure: Forced exits of short positions fuel buying pressure, increasing the likelihood of an upward move.
Support Strength: Price is holding firm above $0.3750, showcasing strong demand.
Market Sentiment: Growing interest in meme coins like DOGES could further boost prices.
ā” Quick Tips for Trading $DOGS :
Watch Resistance Levels: Monitor $0.4000 for signs of breakout or rejection.
Volume Confirmation: High trading volume will confirm the uptrend.
Adjust Targets: Lock partial profits at each target level and adjust your stop loss accordingly.
š Conclusion:
DOGS short liquidation sets the stage for a potential rally. Stick to your trading plan, manage your risk, and aim for your targets. Momentum is on the bullās sideācapitalize on this setup! Let the DOGS run wild! š„
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