DOGE Freefalls 12,928% Liquidation Imbalance, What’s Up?

Jakarta, Pintu News – Dogecoin (DOGE) is back in the spotlight after recording a fantastic liquidation imbalance of 12,928% in just the last hour. This phenomenon occurred amidst a sharp decline in the price of DOGE, where in the last 24 hours, the price of DOGE has fallen by more than 2.7%.

Data from ConGlass shows that traders who went long had to swallow a bitter pill as price movements fell short of expectations. This signaled a massive selling pressure that triggered a wave of liquidation in the DOGE derivatives market.

In the past 30 days, Dogecoin (DOGE) has lost momentum and has declined by 28.02%. Many optimistic traders had hoped for a trend reversal, but reality said otherwise. The price of DOGE briefly touched a daily high of $0.103 before falling to $0.09862. This drop brought DOGE back below the psychological level of $0.10, erasing all the gains made in the last few days.

Liquidation Imbalance and its Impact on the Dogecoin (DOGE) Market

A massive wave of liquidation occurred in a short period of time, with Dogecoin (DOGE) long positions losing up to $304,860 in just 60 minutes. Meanwhile, traders who took short positions were not spared either, with liquidations totaling $2,304 due to the sharp price movements.

This phenomenon shows how high the risks are for market participants amid extreme volatility. The mass liquidation also signals that many traders misjudged the direction of DOGE’s price movement. Dogecoin (DOGE)’s trading volume also saw a dramatic 31.38% drop to $1.08 billion.

This decline in volume is strongly suspected to be the result of a massive sell-off in the meme coin sector, where investors tend to rotate capital into assets that are considered safer. In addition, the 1.45% decline in the price of Bitcoin (BTC) also exacerbated the selling pressure on DOGE. The correlation between DOGE and Bitcoin (BTC) makes it clear that DOGE’s price movements are heavily influenced by overall crypto market sentiment.

Also Read: Gold Price in the Last 5 Years: Charts, Trends, & Analysis of 2021-2026 Movements

Dogecoin (DOGE) Threat of Deeper Correction and Rebound Opportunity

Market participants are now monitoring the critical support level of $0.0937, where a break below this level could potentially extend Dogecoin’s (DOGE) downtrend. If DOGE fails to hold above this support, selling pressure is expected to intensify and take the price to lower levels. However, if DOGE is able to reclaim the $0.10 level, the opportunity for a rebound and continuation of the bullish trend is still wide open. This psychological level is key for DOGE’s price movement in the short term.

On the other hand, a 12% surge in Dogecoin (DOGE) open interest at the end of last week gave bullish traders new hope. The increase in open interest was triggered by market optimism about the potential price increase of DOGE. Many traders went long again in the hope of a trend reversal. However, high volatility and selling pressure still dominate, keeping the DOGE market situation uncertain.

Golden Cross and Technical Signals: Is DOGE Ready to Rise?

One technical factor of concern was the appearance of a golden cross signal on the Dogecoin (DOGE) chart about seven days ago. A golden cross is usually considered a bullish signal signaling a potential trend reversal to the upside. However, to date, the signal has not been able to push the price of DOGE out of selling pressure.

The oversold condition experienced by DOGE also opens up opportunities for a technical rebound in the near future. Market optimism had increased along with the appearance of a golden cross, but massive selling pressure makes traders have to be more vigilant. If DOGE is able to take advantage of this technical momentum, it is not impossible that the price will break the $0.10 level again and continue the bullish trend.

However, if the selling pressure continues, DOGE is at risk of a deeper correction. Market participants are advised to continue to monitor the development of sentiment and technical indicators before making investment decisions.

Dogecoin (DOGE) at a Crossroads: Beware of Volatility and Rebound Opportunities

Dogecoin (DOGE) is currently at a crucial point that determines the direction of the next price movement. The huge liquidation imbalance is a warning for market participants to be more careful in taking positions. The selling pressure that still dominates, coupled with a decrease in trading volume, indicates that the DOGE market is still very vulnerable to volatility. However, the opportunity for a rebound remains open if DOGE is able to capitalize on technical momentum and break the psychological level of $0.10 again.

Also Read: 1 kg Silver Price in 2026: Latest Update & Trend Analysis

Follow us on Google News to stay up to date with the latest crypto and blockchain technology. Check Bitcoin price, USDT to IDR and Nvidia stock price tokenized via Pintu Market.

Enjoy an easy and secure crypto trading experience by downloading the Pintu crypto app via Play Store or App Store now. Also, experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro.

*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.

Reference

• U.Today. Dogecoin Hits $12,928 Liquidation Imbalance in Hourly Price Shift. Accessed on February 18, 2026