$DOGE Long Liquidation Alert

💰 Liquidation Value: $10.488K

💰 Liquidation Price: $0.31369

What Does This Mean?

Long liquidation happens when buyers are forced to exit their positions due to a price drop, leading to increased selling pressure.

This can create opportunities for short sellers as the downward momentum builds.

Trading Plan

➡️ Entry Point (Sell/Short Zone): $0.313 - $0.315

➡️ Current Price: $0.31369

➡️ Targets (Take Profit):

First Target: $0.305

Second Target: $0.298

➡️ Stop Loss: Above $0.320

Next Steps

1. Bearish Momentum: The liquidation suggests sellers are in control. DOGE might test support at $0.305 and potentially drop to $0.298.

2. Volume Confirmation: Look for a surge in sell-side volume near $0.313 to validate the downward trend.

3. Reversal Risk: A break above $0.320 could indicate buyer strength, so a stop-loss is critical.

Pro Tips

📉 Short Strategically: Enter within the sell zone for optimal risk-reward.

🛡️ Secure Gains: Move your stop-loss to your entry price once the first target is hit.

⚡ Market Awareness: Keep an eye on broader crypto trends, as any market reversal could affect DOGE’s price.

Capitalize on this bearish signal and trade with discipline! With proper risk management,

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