Density 12.8—the positions have absorbed the entire day's volume.
$DOGE Binance: 0.0829, up 1.2% on the day, 1.1% below the high.
HL positions are about 98.77M / 7.75M for the day, density 12.8; the long-side tax is maxed out. OKX funding rate is also at the cap: 0.01%.
Sell orders across the top five levels are about 1.7x the buy orders.
Positions are too heavy, while the token price is only slightly in the green—a leveraged-position play, not a meme mainline.
#DOGE结构 #Meme leverage