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DOGE

DOGE: $82.9K Long Liquidated at $0.219 — Short-Term Bearish

I noticed a large DOGE long was liquidated — about $82.9K executed at $0.219. This looks like a stop-hit on higher leverage longs that increased selling pressure.

I view this as a short-term bearish signal: liquidation events often add volatility and can push price lower until buyers absorb the selling. I would watch volume and nearby support to see if the move is being bought or extended.

For now I’m not initiating fresh long positions until stabilization; I’ll monitor price action and look for clear support or a reversal signal before reconsidering entries.

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Analysis

The $82.9K long liquidation at $0.219 likely reflects a leveraged stop-run that increases short-term selling pressure and volatility. If buyers don’t absorb the selling, price may retest lower support...

Recommendation

Watch price action and volume before taking new longs. Avoid entering on the immediate dip; consider waiting for confirmed support or a clear reversal before buying, or look for short/sell-on-strength...

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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