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DOGE

Dogecoin Short Liquidation at $0.233 — Potential Short Squeeze

I see that a $169,000 short on Dogecoin was liquidated at $0.233.

That liquidation removes some short pressure and can trigger short-covering momentum, so I expect potential near-term upside if buying volume follows.

I would watch for follow-through above recent resistance or a disciplined pullback entry, and keep risk controls tight.

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Analysis

Forced liquidation of a sizable short reduces immediate downside pressure and can create short-covering momentum, but sustainable upside depends on follow-through buying and volume, not just a single ...

Recommendation

I view this as cautiously bullish: consider a small buy on confirmed breakout or buy on a controlled pullback, and use tight stops to manage risk.

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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