Markets· ★★· bearish·

17.8M DOGE Longs Liquidated as Market Selloff Deepens

  • —DOGE long liquidations totaled $1.391 million versus $1.05 million in shorts
  • —DOGE dropped nearly 3% to $0.078 after touching $0.08
  • —US annual PCE inflation stood at 3.6% as the Fed held rates
  • —Key resistance sits at $0.083 and $0.087, support at $0.074 and $0.069
Why it matters: Heavy long liquidations add selling pressure to DOGE, while a possible Fed hike on Dec. 9 caps any rebound.
#DOGE
Source: U.Today
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