Liquidation Alert! $DOGE Long Position Crashes
A significant $50.7K long position on #DOGE got liquidated at $0.394, suggesting selling pressure is overpowering the bulls.
This event highlights DOGE's vulnerability to sharp price swings.
What’s Next for $DOGE ?
Bearish Scenario:
If DOGE fails to reclaim $0.40, it may slide further, testing support around $0.38-$0.385. A break below this could trigger more liquidations.
Bullish Hope:
On the upside, reclaiming $0.40 could revive buying interest, aiming for resistance at $0.42-$0.43.
Advice:
Watch volume closely—low liquidity could intensify price moves.
Tight stop-losses and risk management are essential in this volatile zone!
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