Markets· ★★· bearish·

Dogecoin drops 8% to $0.095 amid $273M market liquidations

  • —DOGE fell 8.09% in 24 hours to $0.095 from a daily open of $0.1037
  • —Over $273 million in positions liquidated in one hour, $218.63 million in BTC
  • —Daily volume hit $1.37 billion, 30.6% above the 30-day average
  • —Key support at $0.0918; price holds above SMA-50 ($0.0823) and SMA-200 ($0.0878)
Why it matters: As long as $0.0918 holds, DOGE's medium-term uptrend stays intact; a break would expose the SMA-200 at $0.0878.
Source: DiarioBitcoin