Crypto
Dogecoin Price Faces Crucial Decision Point Amid Falling Trendline
The current price of Dogecoin is around $0.08263, down 0.1% over the last 24 hours.
According to market data, the price is sitting below a falling trendline on the daily chart and testing a key Fibonacci retracement level, putting $DOGE at a decision point between a bounce and further downside.
The total liquidated long positions across all timeframes amount to $362.78K, significantly more than the $177.55K in shorts over 24 hours, indicating that long positions have taken the bulk of the liquidation pain.