Dogecoin price has dipped ~1.3% to $0.2143 after one-sided long liquidations wiped out roughly $320,810 in the last hour, while shorts held steady. This pattern often signals downside exhaustion and raises the probability of a near-term Dogecoin rebound as weak hands exit and buying volume increases.
One-sided long liquidations: $320,810 wiped out in one hour
Dogecoin price at $0.2143, down ~1.3% in 24 hours with trading volume +35.98% to $2.16B
Historical patterns show downside exhaustion often precedes a DOGE rebound; traders await a bullish “god candle”
Dogecoin price drops to $0.2143 amid one-sided long liquidations; buy-the-dip opportunity emerges. Read analysis and key takeaways from COINOTAG.
What is driving the Dogecoin price decline and is a rebound likely?
Dogecoin price fell roughly 1.3% to $0.2143 after concentrated long liquidations removed about $320,810 from bullish positions in the last hour, while short traders saw minimal impact. This asymmetric pressure hints at downside exhaustion and increases the chance of a rebound if buying interest persists.
‘,
‘
🚀 Advanced Trading Tools Await You!
Maximize your potential. Join now and start trading!
‘,
‘
📈 Professional Trading Platform
Leverage advanced tools and a wide range of coins to boost your investments. Sign up now!
‘
];
var adplace = document.getElementById(“ads-bitget”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex;
adplace.innerHTML = adscodesBitget[adsindex];
sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBitget”, sessperindex);
}
})();
Long positions recorded approximately $320,810 in liquidations within a 60-minute window, according to on-chain and derivatives monitoring services reported in market feeds. Short positions did not record equivalent losses, indicating the sell-off was concentrated on leveraged bullish exposure rather than broad market panic.
That one-sided structure often means weak hands were forced out, and if accumulation continues, the path of least resistance may shift upward for DOGE.
As of this report, DOGE is trading at $0.2143, down 1.3% in 24 hours from a daily high of $0.2207. Trading volume rose by 35.98% to $2.16 billion, signaling active participation on the dip.
One-sided liquidations remove leverage from a market, forcing bullish traders to exit and reducing immediate selling pressure. With leverage reduced and buying volume increasing, the market can stabilize and set the stage for recovery.
‘
];
var adplace = document.getElementById(“ads-binance”);
if (adplace) {
var sessperindex = parseInt(sessionStorage.getItem(“adsindexBinance”));
var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBinance.length) : sessperindex;
adplace.innerHTML = adscodesBinance[adsindex];
sessperindex = adsindex === adscodesBinance.length – 1 ? 0 : adsindex + 1;
sessionStorage.setItem(“adsindexBinance”, sessperindex);
}
})();