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DOGE

Dogecoin Short Liquidation Signals Short-Term Bullish Momentum

I noted a $252K short liquidation in Dogecoin at $0.235, which suggests short-covering and a bullish impulse around that level. This kind of sizable liquidation often creates short-term upward momentum.

I’m watching for follow-through above $0.235 and would prefer to scale in on confirmed strength or on a shallow pullback toward that level with clear risk controls.

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Analysis

A $252K short liquidation at $0.235 indicates significant short covering that can push price higher short-term, but it may be temporary without sustained volume and follow-through. Confirming higher h...

Recommendation

Monitor price action around $0.235; consider a buy on confirmed strength or a measured entry on a shallow retracement. Use tight position sizing and stop-loss below recent support 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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