#Gate广场五月交易分享 Dogecoin (DOGE): once above 0.11, and the long-short ratio is still high. DOGE is now $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, large account holders are 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, and retail traders’ bullish sentiment is still off the charts.
Liquidation data: in 1 hour, 750,000 short positions were liquidated, only 2,977 long positions were liquidated—shorts were being cleared more. In 4 hours, 820,000 shorts were liquidated and only 16,000 longs were liquidated; still, shorts are getting hit.
Support to watch below is 0.108-0.109, and resistance above is 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; place the stop-loss at 0.105, and look for targets at 0.112-0.113. The long-short ratio is still very high—be mindful of risk.