Liquidated $55.8K DOGE Long at $0.233 — Short-Term Bearish Caution

I was liquidated on a DOGE long for $55.8K at $0.233. The position hit stops amid a volatile move around the 0.23 area, wiping my exposure.

I see this as evidence of short-term selling pressure and likely stop-hunting around that price — momentum looks weak until clear support holds below.

I'll reduce leverage, avoid chasing a bounce, and wait for a confirmed foothold or lower-risk entry on weakness with defined stops.