$DOGE Long Liquidation Alert! 💥
A $3,485 long position just got wiped out at $0.3485, signaling a sharp reversal for Dogecoin (DOGE)! 📉🐾
What’s Happening?
Longs Trapped: Dogecoin’s recent dip caught traders off guard as momentum shifted, triggering this liquidation.
Bearish Pressure: A sudden pullback raises questions about DOGE’s short-term outlook as selling pressure takes hold.
Key Levels to Watch: If DOGE fails to reclaim $0.35, we could see further drops towards $0.33 or lower.
Market Context:
This liquidation highlights the volatility of meme coins like DOGE. Traders need to stay cautious, as price swings can be unpredictable amid high retail interest.
Is this a temporary dip or the start of a deeper correction? Share your thoughts and strategies below! 💬📊