Dogecoin Short Liquidation at $0.235 Indicates Short-Term Bullish Squeeze

I noticed a $144K short liquidation in Dogecoin executed around $0.235. That kind of forced buying can create a short-term price bump and tighten near-term downside.

I view this as a bullish micro-event but not definitive — the amount is relatively small versus DOGE's market activity, so follow-through and volume matter more than the liquidation itself.

I’ll watch price action and volume for confirmation; if momentum continues I might scale in on pullbacks, but I’d avoid chasing into a spike without clear follow-through and use tight risk management.