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Dogecoin $39.3K Short Liquidated at $0.232 — Short-Squeeze Watch
I noticed a Dogecoin short position of $39.3K was liquidated at $0.232.
That forced liquidation likely removed some short pressure and can produce short-term bullish momentum or a brief short squeeze, though the amount is modest relative to DOGE’s market depth.
I will watch price action and volume for follow-through before committing to a larger position.
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Analysis
A $39.3K short liquidation at $0.232 removes immediate short pressure and can spark a short-term bounce, but the size is relatively small versus DOGE liquidity. Confirm strength with rising volume, hi...
Recommendation
Watch price and volume closely; avoid chasing the move. Consider a small, tactical entry on a pullback or after a confirmed breakout with volume, rather than assuming a sustained rally from this singl...
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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