#Gate广场五月交易分享 Dogecoin DOGE: Breaks above 0.11, and the long-short ratio remains high. DOGE is now at $0.1101, up 3.39%, finally back above 0.11.

As for the long-short ratio: the Bn account is 2.3367, OK is 3.01, the large-account number is 2.7495, and large-account holdings are 2.1532. The long-short ratio is above 2.3 across the board; OK even surged to 3.01. Retail traders’ bullish sentiment is still off the charts.
Liquidation data: in 1 hour, 750,000 short positions were liquidated, and only 2,977 long positions were liquidated—shorts are being cleared out. In 4 hours, 820,000 short positions were liquidated, and only 16,000 long positions were liquidated; the shorts are still getting hit.
Support below is at 0.108-0.109, and resistance above is at 0.112-0.113.
Entry timing: If you want to go long, wait for a pullback to 0.108-0.109 to stabilize before entering. Set your stop-loss at 0.105, with targets at 0.112-0.113. The long-short ratio is still very high—watch your risk.