$DOGS Long Liquidation Alert

A significant $33K in long positions was liquidated at $0.000527, signaling strong bearish pressure. While this highlights market weakness, it may also open the door for a recovery play if key support levels hold.

What’s Next?

The market is in a volatile phase. Here’s a detailed plan for your next move:

Buy Zone

Entry Range: $0.000500 - $0.000520

Wait for a pullback or consolidation in this range before entering a position.

Target Levels

Target 1: $0.000550 (short-term recovery)

Target 2: $0.000580 (mid-term resistance)

Target 3: $0.000620 (long-term breakout potential)

Stop Loss

$0.000490

Place your stop-loss below this level to minimize risk in case of further declines.

Key Insights

1. Bearish Momentum: The liquidation indicates strong selling pressure. Be cautious and watch for signs of stabilization.

2. Volume Confirmation: Look for increased buying volume in the buy zone to confirm potential support.

3. Broader Trends: Monitor overall market sentiment, as it may influence DOGS price movement.

Pro Tips for Trading $DOGS

Wait for Confirmation: Don’t rush into the trade; let the price stabilize in the buy zone.

Manage Risk: Stick to your stop-loss level and avoid over-leveraging.

Focus on Momentum: A recovery with strong volume could signal a bullish reversal.

Final Thought:

$DOGS has experienced significant selling pressure, but this could set the stage for a potential recovery.

Stick to your plan, manage risk, and watch the market closely for the next big move!

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