Big Move Alert: $DOGE Liquidated Short of $551K at $0.322
$DOGE saw a massive short liquidation worth $551K at the key price level of $0.322. This indicates significant buyer dominance, potentially setting the stage for further volatility.
Key Levels to Watch:
Support: $0.310 - A strong buying zone where bulls could step in if the price retraces.
Resistance: $0.335 - A critical level; a breakout here could trigger a stronger upward rally.
What’s Next?
Bullish Scenario: If holds above $0.322 and pushes through $0.335, consider a buy, with a target of $0.350 or higher.
Bearish Scenario: If DOGE loses momentum and drops below $0.310, consider a sell targeting $0.295.
Suggestions:
1. Buy on Strength: Look for a confirmed breakout above $0.335 with strong volume.
2. Sell on Weakness: If the price struggles to hold above $0.322, consider shorting with caution.
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