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DOGE

DOGE Short Liquidated at $0.2323 — $79K Bot Exit

I noticed a DOGE short position was liquidated at an average price of $0.232341, totaling about $79,077. The liquidation was executed by trading bots.

This liquidation likely injected short-covering pressure into the market and could point to short-term bullish momentum, though the amount is modest relative to Dogecoin's liquidity.

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Analysis

A $79k short liquidation at $0.2323 indicates short-covering and a possible short-squeeze impulse. The size is meaningful for intraday moves but limited versus overall DOGE liquidity; confirm with ris...

Recommendation

I would treat this as a watch signal: avoid initiating new shorts and wait for confirmation (sustained price and volume pickup) before adding long exposure or taking profits on existing shorts.

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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