Dogecoin (CRYPTO: DOGE) is bouncing on Monday afternoon after a rough trailing week. For many retail traders, this kind of snapback often follows a flush move when panic selling and leveraged positions are cleared out.
Here’s what traders and investors need to know.
• DOGE is heading higher today. Find out why here.
What’s behind the move
The broader market sell-off recently triggered heavy liquidations, with one snapshot citing about $765.9 million wiped out in 24 hours across nearly 185,000 traders.
When that …