Dogecoin long liquidated at 0.230818 — pause and reassess
I had a long on Dogecoin that was liquidated at an average entry of 0.230818.
The position was sizable — $72,443 — and was executed by bots at bpay_group.
This outcome underscores the trade's high risk and current market volatility; I will pause and reassess risk management before considering another entry.
Analysis
Recommendation
Wait for consolidation or confirmed support before re-entering, reduce leverage, tighten stops, and consider scaling in smaller size to manage downside 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.