DOGE $134K Long Liquidated at $0.225 — Short-Term Bearish Pressure
I was liquidated on a Dogecoin long — $134K closed out at $0.225. That big forced exit likely worsened short-term selling pressure and signals that leverage was crowded at this level.
Because a large liquidation often triggers cascades and volatility, I’m stepping back and watching how price and volume behave around recent lows before considering re-entry.
Risk management is key: reduce size, use defined stops, and wait for clear support or a breakout above resistance before rebuilding exposure.
Analysis
Recommendation
Don’t chase longs now — reduce exposure or sell into rallies, tighten stops, and wait for confirmed support or a clean breakout before increasing size.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.