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DOGE

Dogecoin Long Liquidated at $0.244 — Caution Ahead

I held a Dogecoin long that was liquidated around an average price of $0.243906. The position size was about $99,093 and was managed by trading bots at @bpay_group.

The liquidation signals elevated volatility and suggests near-term downside pressure. I see no clear technical support to justify adding risk immediately.

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Analysis

Liquidation of a sizeable long indicates stop-loss cascades and likely short-term selling pressure; price may remain unstable until clearer support or a washout occurs.

Recommendation

Do not buy now — reduce exposure or stay sidelined until volatility cools and a confirmed support level forms; consider waiting for a retracement or consolidation 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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