Just caught something on DOGE's chart that's worth paying attention to. Price has been sliding around $0.09 lately, down roughly 1-2% over the past day, and it keeps bumping into resistance around $0.0916-$0.0932. What caught my eye is the heavy liquidation activity - nearly $1.45M in positions got wiped out in 24 hours, mostly long traders getting stopped out. That's a lot of bullish bets unwinding. The technical setup looks tight right now. DOGE is forming what looks like a descending triangle pattern on the 4-hour, which analysts have flagged as potentially setting up a significant price move - somewhere in the 29% range depending on breakout direction. But here's the thing: the long/short ratio is sitting at 0.87, meaning shorts are actually winning right now. Open interest is stable around $1.05B, so traders aren't exactly rushing to take new positions. Could go either way from here, but the pattern suggests we're due for a real move soon. Watching those support levels closely.

DOGE-0.06%
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