Citing Bijing.com, Dogecoin (DOGE) experienced a rare 12,129% liquidation imbalance in the past hour, with long positions losing $242,130 out of the total $244,110 liquidated. The meme coin’s price fell 0.55% to $0.1629, while trading volume dropped 57.44% to $1.9 billion. Technical analysis suggests DOGE is in a downtrend, showing a death cross pattern and potential 40% pullback, though a short-term rebound to $0.17 is possible before further declines.
DOGE Experiences 12,129% Liquidation Imbalance, Price Drops 0.55%
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