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


As for the long-short ratio, the Bn account is 2.3367, OK is 3.01, the number of large-account holders is 2.7495, and large-account positions are 2.1532. The long-short ratio is above 2.3 across the board; OK even surged to 3.01, and retail investors’ 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 have been cleared out far more. In 4 hours, 820,000 short positions were liquidated, and only 16,000 long positions were liquidated—shorts are still the ones getting hit less.
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 the pullback to 0.108-0.109 to stabilize before entering; set your stop-loss at 0.105, with a target of 0.112-0.113. The long-short ratio is still very high—be mindful of risks.
DOGE0.38%
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