Breaking News! Massive $DOGE Short Liquidated: $86K at $0.325
The $DOGE bulls are barking loud and clear as a whopping $86,000 short position was liquidated at the critical $0.325 level! This liquidation highlights strong bullish momentum, leaving bears in the dust.
What’s Happening?
1️⃣ Bullish Pressure Building: The price surging past $0.325 triggered a major short squeeze, fueling further upward momentum.
2️⃣ Key Resistance Broken: DOGE has reclaimed this level, signaling strength and potential for more upside.
3️⃣ Market Turning Bullish: This liquidation reflects a shift in sentiment, with bulls dominating the market.
Next Steps: Plan Your Trade
Buy Zone:
Ideal entry: $0.320 - $0.330
This range is close to the breakout level and offers a strong risk-reward ratio for buyers.
Targets:
Target 1: $0.350
Target 2: $0.375
Target 3: $0.400
Each target represents potential resistance zones where you can consider booking profits.
Stop Loss:
Set your Stop Loss at $0.310.
This ensures you protect your capital if the price fails to hold above the breakout zone.
Why This Looks Promising:
Short Squeeze Momentum: Liquidations often lead to quick upward moves as shorts exit positions.
Bullish Breakout: Reclaiming $0.325 strengthens DOGE’s bullish structure.
Market Sentiment Shift: Positive news and strong price action are attracting buyers.
Final Thoughts
$DOGE is making a powerful move, leaving short sellers stunned.
With the momentum on its side, this could be the start of a bigger rally.
Always trade with a plan, stick to your strategy, and manage your risk!