DOGE Liquidation Highlights Leverage Risk
I held a DOGE long that was liquidated — a $78.2K position closed at $0.219. The liquidation underscores how quickly leveraged positions can be wiped out in a volatile memecoin like Dogecoin.
I’ll tighten sizing and risk controls and won’t chase a rebound; I’ll wait for clearer support and confirmation before considering another long.
Analysis
Recommendation
Don’t chase the move. Reduce leverage, enforce strict stop-losses, and wait for confirmed support or risk-on market signals before taking new long exposure in DOGE.
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.