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Dogecoin Short Liquidated at $0.2283 — Short Squeeze Pressure

I had a short on Dogecoin that was liquidated at an average price of $0.228297.

The total position size was $60,318, executed by bots from the bpay_group.

This liquidation likely reflects short-squeeze pressure and near-term bullish momentum; I’ll watch price action closely and avoid re-entering shorts without clear signs of reversal.

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Analysis

The liquidation of a sizable $60.3k short at $0.2283 suggests a short squeeze and upward pressure on DOGE. This is a tactical market event rather than a structural change; watch for follow-through vol...

Recommendation

Treat this as a warning for short trades and a watch signal for longs: avoid initiating new shorts now, consider waiting for a pullback or confirmation of trend before entering long positions, and use...

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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