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DOGE

Dogecoin longs liquidated — short-term bearish, wait for support

I'm reporting that Dogecoin long positions were liquidated — average price $0.231370, total exposure about $58,662, executed by our bots. The move wiped out leveraged longs and highlights recent downside momentum.

I view this as a short-term bearish signal and increased volatility. I'll wait for clear support or a low-risk setup before adding exposure again.

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Analysis

The liquidation indicates sellers dominated and stop-hunting likely occurred, increasing downside risk. Volume and price action must show stabilization or a retest of reliable support before bulls reg...

Recommendation

Don't buy now. Monitor for consolidation or a decisive reclaim of support with lower volatility before considering re-entry or averaging in.

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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