#Gate广场五月交易分享 DOGE: The most handsome coin today, DOGE is at $0.11474, up 3.03%, up 15.47% over 7 days, up 24.37% over 30 days, and has also turned positive over 90 days (+10.58%). It has risen from $0.09 to $0.115, an increase of over 25%, with a very clear trend.

In terms of long-short ratio, Bn account is 2.0211, OK is 1.95, and large accounts hold 2.6289. Like SOL, the bullish sentiment is high—more than twice the number of bears. At such times, be cautious, as the market maker may take the opportunity to shake out traders.
But conversely, as long as BTC doesn’t crash, DOGE’s bullish trend won’t end easily.
Liquidation data: 4-hour short positions exploded by 110k, long positions by 130k. Both sides have liquidations, but the scale isn’t large, indicating the market isn’t at an extreme. Support levels are at 0.112-0.113, resistance at 0.117-0.118. Those looking to go long should wait for a pullback to 0.112-0.113 for confirmation before entering, with a stop loss at 0.108, targeting 0.117-0.118. Don’t chase highs; wait for a pullback for more confidence.
In one sentence: DOGE is the strongest asset recently, but the long-short ratio is high. Wait for a pullback to go long, don’t FOMO.