don't buy

Dogecoin long liquidated at $0.225 — avoid chasing

I had a Dogecoin long position that was liquidated — $41.2K closed out at $0.225.

That liquidation highlights the coin's volatility and my overleverage on the trade. I need to tighten risk controls and reassess entries before risking more capital.

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Analysis

Liquidation at $0.225 after a sizable $41.2K long suggests downside pressure and that the position was likely overleveraged. This points to elevated short-term risk and potential stop-hunt dynamics ra...

Recommendation

Don't buy now. Reduce position sizes, tighten stops, and wait for confirmed support or a clear recovery before re-entering.

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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