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DOGE

Dogecoin Long Liquidated at $0.231 — $72.4K Position Wiped

I had a DOGE long liquidated — a $72.4K position closed at $0.231.

This highlights how fast Dogecoin can move and how dangerous high leverage is; a single adverse swing wiped the trade.

I’ll cut leverage, reduce position size, and wait for clearer support before re-entering.

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Analysis

Liquidation at $0.231 indicates concentrated leveraged longs and heightened volatility; cascading stops can push price lower in the short term and create choppy conditions.

Recommendation

Treat DOGE as risky: cut leverage, reduce exposure, set disciplined stops, and wait for confirmed support or lower volatility before buying.

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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