Dogecoin Short Squeeze: $144K Liquidated at $0.235 — Short-Term Bullish
I saw Dogecoin shorts get liquidated — about $144K wiped out at $0.235. I take that as a short-term bullish sign driven by a squeeze around that price level.
That liquidation shows buying pressure, but the amount is modest versus DOGE's market size, so I remain cautious until volume and follow-through confirm a trend change.
I will watch price action and volume closely; I may add a small position on confirmed strength above $0.235 or wait for a better risk entry with defined stops.
Analysis
Recommendation
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.