TL;DR
Dogecoin liquidation cluster forms near $0.208, creating a key price target for upcoming market moves.
Weekly ascending broadening wedge suggests the next swing could reach $1.40 if support continues to hold.
An inverse head and shoulders pattern on the hourly chart signals short-term upside toward $0.214 target.
Price Action and Market Performance
Dogecoin (DOGE) traded close to $0.20 at press time, down by over 3% in the past 24 hours. Over the last week, the token has slipped by 10% with a daily trading volume of $1.4 billion. DOGE retraced after reaching a swing high of $0.28.
CoinGlass data shows a volume of $5.19 billion, up 54% in the past 24 hours, while open interest stands at $3.09 billion. Options volume rose 30% to $17 million, and options open interest is $120,000, up 13%. Open interest in DOGE futures fell from 19.7 billion DOGE to 15.36 billion during the decline, reflecting reduced leveraged positions.
Liquidation Map and Key Price Levels
TheKingfisher reported
We współpracy z: https://cryptopotato.com/dogecoin-liquidation-map-highlights-this-zone-as-must-watch-target/