$DOGE saw a long liquidation of $1.28K at $0.12097, indicating weakness as bullish traders failed to defend near-term support. This liquidation reflects fading momentum and suggests that recent buyers were overleveraged. In $DOGE, such flushes often appear during corrective pullbacks rather than full trend reversals. The market now needs to see whether demand can absorb selling at lower levels. A quick reclaim above the liquidation price could signal recovery, while continued rejection may invite further downside as leverage resets.
DOGEUSDT
Perp
0.13015
-1.27%