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DOGE

Dogecoin Short Liquidated $252K at $0.235 — Short-Term Bullish Signal

I noticed a $252K short liquidation in DOGE executed at $0.235 — a clear short-covering event at that price.

I see this as short-term bullish pressure, but it’s not enough on its own to signal a sustained trend reversal without follow-through and higher volume.

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Analysis

The $252K short liquidation at $0.235 indicates forced short covering and momentary upward pressure, but given DOGE’s liquidity and market depth the size is modest; confirmation requires increased vol...

Recommendation

Watch price action around $0.235–$0.25 for follow-through; avoid committing large positions until you see sustained volume or a confirmed breakout, or consider buying on weakness if a clear support fo...

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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