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DOGE

Dogecoin Short Liquidation: $144K Squeezed at $0.235

I noticed roughly $144K of Dogecoin short positions were liquidated at $0.235. That level triggered short-covering and created upward pressure on price.

I view this as a short-term bullish signal but not a guarantee of sustained trend — confirmation with volume and follow-through is important before adding size.

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Analysis

Liquidation of $144K in short DOGE positions at $0.235 implies forced buying and a reduction of immediate downside pressure; however, one-off liquidations can be followed by retracements without stron...

Recommendation

I would treat this as a short-term buy opportunity if volume confirms the move, but remain disciplined with position sizing and stop-losses to avoid chasing a short squeeze reversal.

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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