- Dogecoin has tapped demand and is now forming liquidity just above it
- A manipulative drop could sweep stops and bounce hard, aiming for the 0.23 zone
- No prediction is certain — this is one possible outcome among many
Back on May 28, I said something that’s been echoing in my head these past few days:
“The liquidity sitting under current price? That’s another story. I wouldn’t be surprised if it gets taken in the coming days. In fact, I’m almost counting on it.”
Well, here we are.
The price dive deep and almost kissed the demand zone we had marked out like it remembered something down there. Not only that, but it’s now building more liquidity right near that same zone.
You know what that reminds me of? One of those scenes in a movie where the villain sets a trap, and the hero unknowingly walks right into it. Except in this case, we might just want the trap to trigger.
What I’d Like to See Next? A Manipulative Flush
If I had it my way (and the market rarely cares), I’d love to see a strong, aggressive move downward — not a meltdown, just one of those manipulative jolts that scare everyone, sweep the liquidity below, and bounce right from the demand.
Something that triggers mass panic, wipes out stops, and shakes weak hands off the train.
Because think about it — how many retail traders placed their stop losses just under that recent structure?
How many breakout buyers would rage quit their longs if we dipped hard for an hour or two?
That’s where I believe smart money might load up — deep in fear territory.
Above 0.23? That’s Where the Stops Are Hiding
If that bounce actually happens — if the demand zone holds with conviction — then 0.23 could be next on the list.
Why? Because that’s where a ton of people placed their stop losses. Think about it: price comes down, fakes the breakdown, then reverses sharply and runs right into all that buy-side liquidity above.
Classic.
And trust me, I’ve been on both sides of this play.
Reminder: These Are Possibilities, Not Promises
I’m not here to sell certainty.
The scenarios I lay out — they’re based on structure, liquidity, behavior. But markets are wild animals. You can tame them for a second, but they’ll turn on you in an instant.
So yes, this is a possible scenario — one that’s played out a thousand times before. But it’s not a guarantee. The market could easily break through demand and never look back.
Stay sharp. Manage risk. And don’t get married to any idea, no matter how good it feels in the moment.
