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DOGE

DOGE $307K Short Liquidation Points to Short-Term Bullish Squeeze

I noticed a $307K short in Dogecoin was liquidated at $0.232. This forced short-covering likely added upward pressure and produced a sharp bullish impulse.

One liquidation alone doesn’t guarantee sustained rally — follow-through volume and nearby resistance matter. Expect higher intraday volatility and potential retracements after the squeeze.

I’d prefer to accumulate on confirmed pullbacks or take a small position with tight stops rather than chase the spike.

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Analysis

The $307K short liquidation at $0.232 reflects forced short-covering that can amplify short-term upside and volatility. Without sustained buying volume or clear break of resistance, gains may be corre...

Recommendation

Consider a measured long approach: buy on weakness/pullbacks or enter a small position now with tight stops below recent support. Manage risk given likely volatility and watch for volume confirmation ...

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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