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DOGE

DOGE Short Liquidation $252K at $0.235 — Short-Squeeze Momentum

I observed a $252,000 short on Dogecoin get liquidated at $0.235, producing a quick bullish impulse as shorts were forced out.

I treat this as a momentum signal rather than a decisive trend reversal — it reduces immediate downside pressure but requires confirmation from follow-through volume and price action.

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Analysis

The $252K short liquidation at $0.235 likely removed short-side liquidity and caused a brief bullish spike. Without higher volume and sustained price action above nearby resistance, this is a momentum...

Recommendation

I recommend watching for follow-through: wait for sustained volume and a clean break above recent resistance before allocating new capital. Consider buying on a confirmed pullback or using tight risk ...

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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