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DOGE

Dogecoin Short Liquidation at $0.232 Signals Short-Term Bullishness

I noticed a $79.1K Dogecoin short was liquidated at $0.232. That removal of short exposure can produce a brief squeeze and reduce immediate downside pressure.

I treat this as a short-term bullish signal, not a structural shift — follow-through volume and price action will determine if momentum continues.

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Analysis

Short liquidation of this size likely flushed short positions and can trigger upward momentum, but it’s a micro-event. Confirm with sustained volume, higher highs, or a retest of support before assumi...

Recommendation

Consider buying on weakness or waiting for a clear retest of support and confirmation of volume-driven continuation. Size positions cautiously and use stops to protect against a failed squeeze.

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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