A significant $100,000 short position in Dogecoin $DOGE was recently liquidated at $0.324, indicating strong upward momentum.
Support and Resistance Levels:
Immediate Resistance: $0.41
Support Levels: $0.37 and $0.30
Recommendation:$DOGE
Given the current momentum and recent developments, entering a buy position around $0.32, with a target near the $0.41 resistance, could be advantageous.
However, remain vigilant for potential corrections, especially if the price approaches the $0.37 support.
Always employ risk management strategies, such as setting stop-loss orders, to protect your investment.
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