Dogecoin (DOGE) Rebounds Monday Afternoon: What’s Going On?

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 …

Full story available on Benzinga.com