Dogecoin Short Liquidated — $144K at $0.235
I logged a $144,000 short liquidation on Dogecoin executed at $0.235. That forced cover shows short-squeeze pressure at this price level.
I view this as a near-term bullish signal but limited in scope — one liquidation doesn't guarantee sustained upside. I want to see follow-through volume and order-book support before upgrading the view.
I'll watch price action and liquidity closely and consider buying on a confirmed pullback or after a high-volume breakout.
Analysis
Recommendation
Watch for confirmation — avoid chasing. Consider buying on weakness or after a confirmed breakout with volume, and keep position sizes conservative until trend signals strengthen.
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.