$DOGE Long Liquidation Alert!
Amount Liquidated: $148K
Liquidation Price: $0.401
A massive $148K long liquidation in Dogecoin #DOGE highlights bearish dominance, with bulls losing their grip at the $0.401 mark.
This sharp move down suggests significant selling pressure, potentially triggering further price weakness in the near term.
What’s Next for $DOGE ?
1. If DOGE breaks below $0.400, it may slide further toward key support at $0.385–$0.390.
2. A bounce above $0.405 could reignite bullish momentum, targeting $0.420–$0.425 resistance.
3. Keep an eye on Elon Musk or market-wide updates, as DOGE often reacts sharply to news and sentiment shifts.
→ Opinion:
This large liquidation shows volatility is increasing.
Conservative traders might wait for stronger signals before acting, while aggressive traders could find opportunities in either direction.
» Strategy:
• Bearish Play: Short if $0.400 breaks, with a target of $0.390 and a stop-loss above $0.405.
• Bullish Play: Go long if DOGE reclaims $0.405 with high volume, aiming for $0.420.
Trade cautiously—meme coin volatility can swing rapidly!
#MarketBuyOrHold? #EthereumAwakening? #BitwiseFiles10ETFa #BitwiseFiles10ETFs