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DOGE

Dogecoin Short Squeeze: $169K Shorts Liquidated at $0.233

I noticed Dogecoin just triggered a liquidation of roughly $169K in short positions at $0.233. That forced buying removed some immediate downside pressure and produced a short-term bullish impulse.

I view this as a momentum-driven move rather than a structural trend change — the liquidation amount is small relative to DOGE's market size, so follow-through is not guaranteed without higher volume.

I would enter cautiously: either scale in on strength with strict stops or wait for a confirmed pullback to support before adding meaningful exposure.

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Analysis

Liquidation removed immediate short pressure and can spark a short-term bounce, but the $169K size is modest versus DOGE’s market liquidity, so the signal is limited unless accompanied by increased vo...

Recommendation

I’m inclined to buy cautiously—small position or scale in—only after seeing follow-through or a pullback to confirm support; use tight risk management given high 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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