Dogecoin price has dipped ~1.3% to $0.2143 after one-sided long liquidations wiped out roughly $320,810 in the last hour, while shorts held steady. This pattern often signals downside exhaustion and raises the probability of a near-term Dogecoin rebound as weak hands exit and buying volume increases.
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One-sided long liquidations: $320,810 wiped out in one hour
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Dogecoin price at $0.2143, down ~1.3% in 24 hours with trading volume +35.98% to $2.16B
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Historical patterns show downside exhaustion often precedes a DOGE rebound; traders await a bullish “god candle”
Dogecoin price drops to $0.2143 amid one-sided long liquidations; buy-the-dip opportunity emerges. Read analysis and key takeaways from COINOTAG.
What is driving the Dogecoin price decline and is a rebound likely?
Dogecoin price fell roughly 1.3% to $0.2143 after concentrated long liquidations removed about $320,810 from bullish positions in the last hour, while short traders saw minimal impact. This asymmetric pressure hints at downside exhaustion and increases the chance of a rebound if buying interest persists.
How big were the liquidations and what do they mean?
Long positions recorded approximately $320,810 in liquidations within a 60-minute window, according to on-chain and derivatives monitoring services reported in market feeds. Short positions did not record equivalent losses, indicating the sell-off was concentrated on leveraged bullish exposure rather than broad market panic.
That one-sided structure often means weak hands were forced out, and if accumulation continues, the path of least resistance may shift upward for DOGE.
What are current key metrics for Dogecoin price action?
As of this report, DOGE is trading at $0.2143, down 1.3% in 24 hours from a daily high of $0.2207. Trading volume rose by 35.98% to $2.16 billion, signaling active participation on the dip.
| Metric | Value | Change (24h) |
|---|---|---|
| Price (USD) | $0.2143 | −1.3% |
| Daily high | $0.2207 | — |
| Liquidations (1h, longs) | $320,810 | Concentrated |
| Trading volume | $2.16B | +35.98% |
Why do one-sided liquidations often precede a Dogecoin rebound?
One-sided liquidations remove leverage from a market, forcing bullish traders to exit and reducing immediate selling pressure. With leverage reduced and buying volume increasing, the market can stabilize and set the stage for recovery.
Historical Dogecoin moves show that downside exhaustion events—where longs are flushed—are frequently followed by quick rebounds as opportunistic traders add positions.
What are traders watching next?
- Volume sustainment above recent levels (confirmation of accumulation)
- Price reclaiming short-term resistance near $0.220–$0.225
- A bullish reversal candle in BTC-DOGE pairing noted by market commentators
Frequently Asked Questions
How much was wiped out in Dogecoin long liquidations?
Approximately $320,810 in long positions were liquidated within an hour, based on derivatives-monitoring data cited in market reports. This concentrated sell-off was not matched by short losses.
What should traders consider during this pullback?
Traders should watch volume confirmation, set disciplined risk controls, and consider staggered entries if seeking to add exposure. Avoid over-leveraging into volatile meme-coin moves.
Key Takeaways
- One-sided liquidations: $320,810 of longs liquidated, suggesting downside exhaustion.
- Price and volume: DOGE at $0.2143, volume +35.98% to $2.16B—dip attracted buyers.
- Actionable insight: Monitor volume and short-term resistance; consider measured buy-the-dip strategies with risk controls.
Conclusion
This COINOTAG report shows the Dogecoin price decline was driven by concentrated long liquidations while shorts remained intact, pointing to potential downside exhaustion. With trading volume up and historical patterns favoring rebounds after similar flushes, traders should watch for confirmation signals before increasing exposure.
Publication date: 2025-09-06. Last updated: 2025-09-06.
