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#Gate广场五月交易分享 Dogecoin DOGE: Breaks above 0.111, the long-short ratio remains very high
DOGE is now at $0.11111, up 2.89%, back above 0.111.
In terms of the long-short ratio, the BN account is at 1.9595, OK at 2.89, large account holders at 2.2819, large account holdings at 2.5432. The long-short ratio, although down from 3.0 previously, is still around 2.0, indicating retail traders' bullish sentiment remains dominant.
Liquidation data: 4-hour short positions liquidated 1.24 million, long positions liquidated 920k, with more shorts being cleared.
Support below is at 0.109-0.11, resistance above is at 0.113-0.114.
Entry timing: Those looking to go long should wait for a pullback to stabilize at 0.109-0.11 before entering, with a stop loss at 0.107, targeting 0.113-0.114.
The long-short ratio is still around 2.0, watch out for risks, don't chase the high.