🐕 DOGE/USDT Futures: The Liquidation Hunt!
Title: 💥 DOGE Futures: Are the Shorts Ready to Get Squeezed?
The current DOGE/USDT futures landscape hints at a precarious balance. While the price has been consolidating around the $0.17–$0.18 range, the market is rife with volatility. High Open Interest paired with a fluctuating, but often neutral-to-slightly-positive Funding Rate suggests that a lot of traders are leveraged.
A decisive break above the key resistance at $0.185 could trigger a short squeeze, liquidating over-leveraged short positions and fueling a rapid Long rally toward $0.20. Conversely, a drop below $0.165 would likely liquidate Longs, driving the price lower. Watch for a rapid change in the funding rate as a sign of the next big move! Trade smart, not just meme.
DOGEUSDT
دائم
0.10607
-1.82%