don't buy

Dogecoin Long Liquidated at $0.228 — $68.3K Forced Exit

I was liquidated on a Dogecoin long for $68.3K at $0.228. The stop-out shows sellers found liquidity around that level and momentum turned against the longs.

I view this as short-term weakness and a liquidity sweep rather than a clear structural reversal; price could chop or pull back further before a new trend emerges.

I won’t add new long exposure now and will wait for confirmed support or a lower-risk entry on weakness or a decisive recovery above resistance.

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Analysis

The liquidation at $0.228 suggests concentrated long positions were stopped out, signaling sellers targeted that liquidity level; expect elevated volatility and potential short-term downside until sup...

Recommendation

I recommend not buying now — wait for confirmed support, a lower-risk entry on weakness, or a decisive break above resistance before re-entering longs.

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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