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#Gate广场五月交易分享 #Gate广场五月交易分享 Dogecoin DOGE: Breaks above 0.11, and the long-vs-short ratio is still high. DOGE is now at $0.1101, up 3.39%, finally back above 0.11.
In terms of the long-vs-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-vs-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 the 1-hour period, 750k in short positions were liquidated, while only 2,977 long positions were liquidated—shorts were cleared more. In the 4-hour period, 820k in short positions were liquidated, and only 16k long positions were liquidated; the shorts are still taking the beating.
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 stop loss at 0.105, and the target is 0.112-0.113. The long-vs-short ratio is still very high—watch your risk.