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DOGE

Dogecoin Short Liquidation — Short Squeeze Risk and Volatility

I see a large short on Dogecoin was liquidated at an average price of $0.234464, totaling about $50,385. That forced covering suggests a short squeeze and near-term upside pressure.

I'm cautious because while the liquidation can spark momentum, the amount is modest versus DOGE's market depth and may not sustain a prolonged rally. Monitor volume and order flow for confirmation before increasing exposure.

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Analysis

A liquidation of roughly $50k at 0.2345 indicates short-covering that can produce immediate upward momentum, but the size is small relative to overall DOGE liquidity, so follow-through is uncertain wi...

Recommendation

Watch price and volume closely; wait for confirmation (sustained breakout or a clean pullback) before adding positions, and keep position sizes conservative given increased short-term 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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