#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%, and it has finally reclaimed the level above 0.11.

As for the long-short ratio, the Bn account is at 2.3367, OK is at 3.01, the number of large account holders 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—while retail traders’ bullish sentiment remains off the charts.
Liquidation data: In 1 hour, shorts with 750,000 positions were liquidated, while only 2,977 long positions were liquidated—shorts were liquidated more. In 4 hours, shorts with 820,000 positions were liquidated, while only 16,000 longs were liquidated—still, it’s the shorts getting hit.
Support to watch is at 0.108-0.109, and resistance 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 and your target at 0.112-0.113. The long-short ratio is still very high—be mindful of the risks.