DOGE Long Liquidation at $0.225 — $41.2K Closed
I had a DOGE long liquidated — $41.2K closed at $0.225.
This forced exit underlines how quickly leveraged positions can blow up in volatile meme-coin moves; I won’t chase a re-entry without clearer support or much lower leverage.
Analysis
I view this as confirmation of elevated downside risk for DOGE around current levels — leveraged longs are especially vulnerable and price action lacks confirmed support.
Recommendation
I would treat DOGE as risky right now: avoid new leveraged longs, cut position size, tighten stops or wait for confirmed support and higher volume before buying.
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.