#liquidationwave
liquidationwave
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$DOGE JUST BROKE THE $0.07 SUPPORT – CAN IT HOLD $0.067? ⚠️
Spot selling hit 819M in the last 24 hours, with sell volume (674M) crushing buy volume (594M). That’s not a dip—it’s an aggressive distribution event. On the 12H, futures netflow flipped positive by 126% as traders try to catch the falling knife, but the daily RSI at 21 warns trend exhaustion hasn’t confirmed a reversal yet.
To invalidate the downtrend, DOGE needs a decisive close above $0.074. Until then, spot sellers own the order flow. Are you bidding at these levels or waiting for a sweep to $0.067?
Not financial advice. Always manage your risk.
#DOGE #Breakdown #Oversold #LiquidationWave
⚠️
Spot selling hit 819M in the last 24 hours, with sell volume (674M) crushing buy volume (594M). That’s not a dip—it’s an aggressive distribution event. On the 12H, futures netflow flipped positive by 126% as traders try to catch the falling knife, but the daily RSI at 21 warns trend exhaustion hasn’t confirmed a reversal yet.
To invalidate the downtrend, DOGE needs a decisive close above $0.074. Until then, spot sellers own the order flow. Are you bidding at these levels or waiting for a sweep to $0.067?
Not financial advice. Always manage your risk.
#DOGE #Breakdown #Oversold #LiquidationWave
⚠️
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