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DOGE

Dogecoin Short Squeezed: $95.3K Liquidation at $0.239 Signals Bullish Pressure

I observed a $95.3K DOGE short get liquidated at $0.239, which denotes forced buying and short-covering. That action can produce a short squeeze and temporary bullish momentum.

I will watch price and volume for confirmation before adding exposure — sustained follow-through matters more than a single liquidation.

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Analysis

The liquidation of a sizable $95.3K short at $0.239 implies short-covering drove buying pressure rather than organic demand. Without increased volume and clear price follow-through, the move may be a ...

Recommendation

Watch price action and volume closely; consider entering only after confirmed follow-through (sustained moves above $0.239 on rising volume) or wait for a cleaner pullback to reduce 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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