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DOGE

Dogecoin short squeeze — $307K liquidated at $0.232

I noticed a significant short liquidation in Dogecoin: about $307,000 of short positions were closed at $0.232, signaling a short squeeze and renewed bullish pressure.

I expect elevated volatility from here; this move shows buyer interest, but I’ll monitor follow-through volume and support before committing more capital.

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Analysis

The $307K short liquidation at $0.232 indicates immediate buying pressure likely driven by short-covering. Continuation depends on whether the move is supported by increased volume and if price sustai...

Recommendation

I recommend a cautious buy approach: consider a small initial position or wait for a pullback to confirm support, and use tight risk controls (stop-losses) until follow-through is confirmed.

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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