Dogecoin (DOGE) Hits Hard: 2691% Liquidation Imbalance Rocks Market
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coin-turk.com
BITRSS🚨 Dogecoin approached $0.086 on September 10th as leveraged long positions were unloaded. 📉 Selling pressure accelerated as the 200-day moving average at $0.0964 could not be breached. 🎯 In the short term, the $0.082 to $0.084 range is being watched as a critical support for $DOGE. 🏦 Limited demand in the ETF market made derivative transactions more influential in pricing. Read More: Leveraged unloading in Dogecoin pulled the price to critic…
u.today
Cryptocurrency News | Cryptocurrency Prices | Market CapDogecoin (DOGE) Hits Hard: 2691% Liquidation Imbalance Rocks Market
Dogecoin bulls caught off guard with a 2691% liquidation imbalance emerging as selling pressure hits broader crypto market.
Dogecoin (DOGE) falls 6.21% in 24 hours to USD $0.0850738, dragged by long-position settlements, a downward spin in derivatives and a generalized crypto market correction. This report breaks down critical technical levels, the role of perpetual contracts in movement, and likely scenarios for investors of different profiles.
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