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DOGE

Dogecoin short-liquidation hints at short-squeeze potential

I noticed a $307K short liquidation in Dogecoin at $0.232, which removed a chunk of bearish open interest and likely triggered short covering.

I view this as a short-term bullish catalyst but not a decisive trend change — I’ll watch confirmation from volume and price action before increasing exposure.

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Analysis

The forced liquidation of $307K at $0.232 lowers immediate downside pressure and can produce momentum through short covering. This is a tactical bullish signal, but its durability depends on follow-th...

Recommendation

I recommend a buy-on-weakness approach: wait for a pullback toward support (~$0.22–$0.23) or a breakout with volume before adding size, and manage risk tightly given crypto 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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