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DOGE

DOGE Long Liquidated at $0.231 — Avoid New Longs

I had a DOGE long position liquidated for $72.4K at $0.231. The stop was hit as price moved lower and volatility spiked.

This liquidation suggests increased near-term selling pressure and the possibility of stop cascades around current levels. I'm treating the trade as a cautionary signal, not a reason to add exposure.

I'll step aside and wait for clearer support or a stable consolidation before considering re-entry, and I would avoid using leverage until volatility subsides.

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Analysis

The liquidation indicates stops were hit and likely amplified selling; this raises the risk of further downside or choppy price action near current levels. Monitor nearby support, on-chain flows, and ...

Recommendation

Avoid buying DOGE right now. Wait for a clear support hold or consolidation and use low leverage and defined stops if you re-enter.

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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