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DOGE

Dogecoin Short Liquidation at $0.228 Signals Short Squeeze

I note that a $60.3K short on Dogecoin was liquidated at $0.228, which indicates short-covering and upward pressure on price.

I see this as a near-term bullish signal but expect volatility — the liquidation size is modest relative to DOGE’s market depth, so follow-through is not guaranteed.

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Analysis

Short liquidation at $0.228 shows forced short-covering and momentary bullish momentum, but $60.3K is small versus overall DOGE liquidity; the move may be temporary unless supported by volume or broad...

Recommendation

I would consider a cautious buy with size control or wait for confirmation of follow-through; use tight risk management (stop-loss or small position) given potential volatility.

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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