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DOGE

Dogecoin long liquidated at $0.233 — short-term weakness

I had a Dogecoin long liquidated for $55.8K at $0.233. The stop loss was hit as the price moved lower, closing my position.

This liquidation underlines heightened short-term volatility and liquidity pressure around $0.233. I will wait to reassess levels before rebuilding exposure.

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Analysis

The liquidation suggests leveraged longs were forced out near $0.233, creating additional selling pressure; the market is currently choppy and prone to exaggerated moves from margin events.

Recommendation

I recommend avoiding new long positions until price demonstrates stability above nearby support or consider smaller, well‑protected entries with tight stops; treat the move as a warning on leverage ri...

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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