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Dogecoin Price Rally At Stake Unless These 2 Conditions Are Met

CoinGape
Summary
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64% Informative

Dogecoin ( DOGE ) price correction from last week’s peak triggered a spike in long position liquidations, with traders losing $1.48 million against only $55.85k short positions liquidations.

Whale cohorts accelerate buying spree unfazed by volatility and uncertainty.

The meme coin's struggles can be attributed to a weak fundamental structure, particularly as IntoTheBlock's IOMAP model highlights a strong seller congestion zone.