4,897,291 DOGE in Short Positions Liquidated as Price Recovers and Traders Eye Key Levels

Dogecoin climbed about 2% to $0.096 over the last 24 hours, triggering $470,140 in liquidations equal to 4,897,291 DOGE from mostly short positions. After rebounding from a March 8 low of $0.086 and touching $0.101 on March 13, the meme coin is now consolidating in a narrow range around $0.094 to $0.097, with traders watching resistance near $0.12 and support around $0.09. Possible future moves include a push toward $0.16 on a decisive break above $0.12 or a slide toward $0.0799 if the $0.09 floor fails, while an upcoming payments feature on X is also being monitored as a potential catalyst.