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DOGE

Dogecoin Short Liquidation: $79K Shorts Blown at $0.24635

I note Dogecoin shorts were liquidated at an average price of $0.246350, totaling about $79,249 — an apparent short-squeeze event reported by bots.

I view this as a short-term bullish signal caused by forced buybacks, but it doesn't confirm a sustained trend; I'll watch volume and follow-through before changing position sizing.

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Analysis

Short liquidations at $0.24635 removed bearish open interest and likely produced a temporary short squeeze. Without sustained volume and higher lows, the move may retrace — confirmation requires follo...

Recommendation

I'm commenting: monitor price action and volume. Wait for confirmation before adding exposure, or scale in very cautiously if momentum and liquidity remain supportive.

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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