DOGE’s $0.50 Liquidity Magnet: Why $380M in Shorts Signal a Bullish Breakout
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 07 2025DOGE Price Movements: Dogecoin (DOGE) is approaching a pivotal price point, with over $380 million in short liquidations at the $0.50 mark potentially leading to a breakout, supported by an Inverse Head and Shoulders pattern indicating a possible 100% upside to $0.34.
Market Sentiment and Liquidity: Despite weak overall liquidity in the memecoin sector, DOGE shows bullish sentiment through high volume-to-market cap ratios and significant open interest, suggesting that traders are closely monitoring for potential upward movement as Bitcoin consolidates.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
