- DOGE swept both upside and downside liquidity before reacting at a known demand zone
- The $0.164 area remains a strong magnet if price decides to hunt more liquidity
- A bullish scenario could play out if DOGE targets stop losses above recent highs
Dogecoin just reminded us how precise the market can be — if you know what to look for.
In our last article, DOGE was reacting to a supply zone, but there was clear liquidity both above and below.
So what did price do? It first broke through the supply, took out liquidity on the left, and then dumped, sweeping the lows. Perfect trap — classic price behavior.
Now, it’s bounced from a demand zone we marked four days ago.
Coincidence? Not if you understand liquidity. Price doesn’t move randomly — it seeks out where traders are vulnerable, where stops are clustered, and where emotions run high.
We now have two potential scenarios.
If the trendline with multiple touches acts as liquidity, price could drop to $0.164 to clean that up. But if demand holds and bulls step in, DOGE might shoot higher to grab the liquidity sitting above recent highs — where many short sellers likely have their stops.
Still, nothing’s ever guaranteed. This is crypto. Price does what it wants. These setups give us an edge — not certainty.
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