Dogecoin: $146K Short Liquidated at $0.235 — Short-Squeeze Signal
I noticed a $146,000 short on Dogecoin was liquidated at $0.235.
I see this as a short-squeeze signal that can remove some immediate downward pressure and produce momentum-driven upside.
I’ll wait for follow-through confirmed by volume and order-book depth before increasing exposure; the liquidation alone doesn’t ensure a sustained rally.
Analysis
Recommendation
Watch price and volume closely. Do not chase the spike; consider buying on confirmed weakness or after clear follow-through with sustained volume. Manage position size given DOGE’s volatility.
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.