#Gate广场五月交易分享 #Gate广场五月交易分享 Dogecoin DOGE: Breaks above 0.11, with the long-short ratio still high.

Doge is now at $0.1101, up 3.39%, finally back above 0.11.
Regarding the long-short ratio, BN account is 2.3367, OK is 3.01, the number of large accounts is 2.7495, and large account holdings are 2.1532.
The long-short ratio is above 2.3 across the board, with OK even reaching 3.01, indicating retail traders' bullish sentiment remains extremely high.
Liquidation data: 750k short positions were liquidated in 1 hour, only 2,977 long positions, with shorts being cleared more.
In 4 hours, 820k short positions were liquidated, only 16k long positions, still the shorts are taking the hit.
Support below is at 0.108-0.109, resistance above is at 0.112-0.113.
Entry timing: Those wanting to go long should wait for a pullback to 0.108-0.109 and stabilize before entering, with a stop loss at 0.105, targeting 0.112-0.113.
The long-short ratio is still very high, be cautious of the risk.