**DOGE Technicals Show Rare Signal: Three Lines Converge as Shorts Accumulate**

DOGE's recent price action is worth watching. Around $0.142, a rare phenomenon has occurred—three major moving averages are almost overlapping at the same level. This technical pattern usually indicates a high degree of market energy compression.

What’s even more interesting is the position data. One derivatives platform shows 62.1% of positions are short, and Gate platform shows 60.3% shorts. This ratio is quite extreme. Looking back at history, similar concentrations of shorts are often accompanied by violent price swings.

**What Does the Short Liquidation Data Reveal?**

Over the past 12 hours, the liquidation data is telling: short liquidations totaled $796,000, which is 2.6 times the amount of long liquidations. From a game theory perspective, the more concentrated the shorts, the more obvious the short squeeze effect will be if the price breaks out in the opposite direction. This has been one of the main drivers behind DOGE's rapid rallies in the past.

Of course, concentrated shorting could also reflect the market's genuine short-term expectations. The issue is—when most people are on one side, the market often likes to surprise.

**If You Want to Participate, How Should You Think About Risk and Timing?**

Technically, the $0.1418–$0.1428 range is worth watching; this is the core area where the moving averages are tangled. If the price breaks above and holds, you can look at $0.1455 and $0.1485, or even $0.1575 for more aggressive targets.

But don’t forget the downside: if it falls below $0.1380, it means the short thesis is dominating, and you need to acknowledge a misjudgment.

Position management is always the first rule. In such extreme scenarios, testing with less than 5% of your capital is enough. Not every signal will play out, but you should always leave yourself an exit.

The moving averages are twisted together, shorts are crowded in, and the data is clear. What happens next—the market will provide the answer.