🚨 $DOGE Short Liquidation Alert! 🚨
Event: A $10.16K short liquidation was triggered at $0.34649, causing a surge in buying pressure. This is a classic signal that the price could move higher, as shorts scramble to cover their positions. The stage is set for a potential breakout—don’t miss out!
---
🔍 What's Happening?
With shorts being forced to close their positions, the buying pressure could drive $DOGE higher. This could be the beginning of a bullish trend, but timing your entry is key.
---
📉 Buy Zone:
$0.3400 - $0.3450
This zone is crucial for finding a solid entry point. If the price holds above this range, it could trigger further upward momentum.
---
🎯 Targets:
Target 1: $0.3550
Target 2: $0.3650
Target 3: $0.3750
---
🛑 Stop Loss:
$0.3350
Place your stop loss below key support to protect against unexpected price drops.
---
⚡ Key Insights:
1. Support Zone: $0.3400 - $0.3450 is where you should watch for stability. If this holds, a rally toward $0.3550 and $0.3650 is highly possible.
2. Resistance Levels: The next resistance is around $0.3550 and $0.3650. Breaking through these levels could spark further bullish moves.
3. Volume: Pay attention to volume. If it increases alongside price movement, it’ll confirm the strength of the move.
---
📊 Next Move:
If $0.3400 - $0.3450 holds, look for a push towards $0.3550 and above.
If it breaks below $0.3350, consider adjusting your strategy to protect your position.
Wait for confirmation at support before entering, and always use a stop-loss to manage risk. After a short liquidation, momentum can shift quickly, so stay sharp!
Let me know if you need more details or adjustments to your strategy!
#BIOOnBinance #BinanceAlphaAlert #Binance250Million #USStateBuysBTC #SolvProtocolMegadrop