DOGE $146K Short Liquidated at $0.235 — Short-Squeeze Signal
I saw a $146K short on Dogecoin liquidated at $0.235. The forced buy likely removed some short pressure and created a short-term bullish impulse.
I view this as a positive signal for near-term momentum, but it’s not proof of a sustained rally—confirmation from follow-through volume and price action is needed.
I’m watching order-book dynamics and would consider a measured long or buying on a controlled pullback with strict risk management.
Analysis
Recommendation
Consider a small-sized buy on confirmed follow-through or buy on weakness into a defined pullback; keep tight stops and limit position size given DOGE’s volatility.
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.