VIP Liquidation Alert | $DOGE
A $11.50K short position was liquidated at $0.07257, indicating bearish traders were forced to cover as $DOGE surged higher. This is a significant short squeeze and confirms that bullish momentum is strengthening, with sellers increasingly under pressure.
Support: $0.0715 - $0.0720
Resistance: $0.0735 - $0.0750
If $DOGE breaks and holds above $0.0750 with strong buying volume, the next upside targets are $0.0775, followed by $0.0800. However, if price loses $0.0715, bullish momentum could weaken, opening the door for a pullback toward $0.0695.
The latest liquidation flow strongly favors the bulls. An $11.50K short liquidation adds meaningful forced buying pressure, and if $DOGE clears the $0.0750 resistance zone, another wave of short covering could fuel a sharp continuation rally. Watch volume closely for confirmation of a sustained breakout.
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