$DOGE Long Liquidation Alert
A recent long liquidation of $6.54K at $0.09863 has been triggered on DOGE, signaling that bullish traders were forced out of their positions as price moved against them. Events like this often create short-term volatility and can open opportunities for both scalpers and swing traders.
When long liquidations appear, the market usually hunts liquidity before deciding its next direction. This means we may see either a quick bounce from support or further downside if sellers maintain pressure.
đ Trading Plan Idea
Entry Zone: $0.096 â $0.098
This area sits near the liquidation level and can act as a short-term support zone where buyers may step in.
Stop Loss: $0.093
Placing the stop below recent support protects the trade if momentum continues downward.
Take Profit Targets:
âą TP1: $0.101 â First resistance and quick scalp zone
âą TP2: $0.105 â Previous liquidity pocket
âą TP3: $0.110 â Strong resistance if bullish momentum builds
đ Market Insight
Liquidations often remove over-leveraged traders, which can stabilize the market and allow price to reset before the next move. If DOGE holds above the $0.096 region, a relief bounce is possible. However, losing that level could push price toward deeper support.
đĄ Always monitor volume, BTC direction, and overall market sentiment when trading meme coins.
Trade smart and stay disciplined. đ
Many traders share insights like this on platforms such as Binance community feeds, where real-time liquidation data often helps identify potential setups.
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