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DOGE

DOGE Long Liquidated at $0.233 — $55.8K

My Dogecoin long was liquidated for $55.8K at $0.233.

This sizable forced exit suggests concentrated selling pressure around $0.233 and elevates short-term volatility risk.

I won't rebuild full long exposure until price confirms nearby support or a clear recovery.

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Analysis

A $55.8K liquidation at $0.233 likely hit clustered stop-losses and may trigger follow-through selling or short-term chop. Expect heightened volatility and watch whether $0.233 holds as support or if ...

Recommendation

Avoid initiating new long positions for now, consider reducing exposure or selling into strength, and wait for confirmation of support or a clean reversal before adding back exposure.

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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