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DOGE $146K Short Liquidated at $0.235 — Short-Term Bullish Signal

I saw that a $146K short on Dogecoin was liquidated at $0.235. I read this as immediate buying pressure from a short squeeze rather than a clear trend reversal.

I think this increases the odds of a short-term bounce, but it’s not definitive — follow-through volume and price action above nearby resistance levels will tell the story.

I’ll monitor volume and confirmation before committing size; if I enter I’d use a small position and a tight stop to manage risk.

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Analysis

Short liquidation removed a cluster of bearish bets and likely produced a short-lived price spike; durable upside requires follow-through volume and a break above nearby resistance, otherwise the move...

Recommendation

Watch price and volume for confirmation; consider a small, disciplined entry only after clear follow-through, and keep stops tight to limit downside.

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.

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