Massive Liquidation Alert: $50.8K Short on $DOGE Liquidated at $0.406
The crypto market just witnessed a major move as a $50,800 short position on Dogecoin (DOGE) got liquidated at the critical level of $0.406.
This marks a significant shake-up for leveraged traders, highlighting the unpredictable power of market volatility.
Key Insights:
Price Surge:
$DOGE broke through key resistance levels, triggering liquidations in short positions.
Momentum Shift:
Bulls appear to have taken control, fueling further upside pressure.
Trader Caution:
Leverage comes with heightened risks in volatile assets like $DOGE .
With such high liquidations, volatility may persist.
Keep an eye on market sentiment and upcoming resistance levels.
A breakout above $0.41 could signal stronger upward momentum.
Pro Tip:
Stay informed and manage risk—this market can move fast!