Is Dogecoin Ready to Break Higher? Here’s What the Chart Says

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Table of Contents

  • DOGE is sitting in a weekly demand zone, which could trigger a bullish move
  • Local H4 supply may not hold due to resting liquidity above
  • On H2, price could sweep either side before committing to a direction

DOGE is sitting around $0.18 right now—and yes, I know it’s been testing our patience.

But if you take a moment to zoom out to the H4, you’ll notice something important: we’re currently parked right in a weekly demand zone. That’s not nothing. That’s structure. That’s potential.

Zoom back in slightly and you’ll also see we’re touching a local H4 supply zone, but here’s the catch—personally, I don’t think that supply will hold for long.

Why? Simple. There’s liquidity resting just above it, the kind of juicy cluster that often gets hunted before any real move happens.

So for now? I’d stay long. At least up until we grab that liquidity sitting overhead.

But let’s not get too comfy—on the H2, we can see things more clearly.

This is where price could play games. Before launching higher, it might sweep the liquidity just below first. You know the setup—make you think it’s breaking down, shake out the early longs, and then shoot up without warning.

Or—plot twist—it could flip the script and sweep the highs before dropping.

I’ve seen this happen too many times not to respect both scenarios. That’s the beauty and the chaos of trading DOGE: it doesn’t care what you expect.

Bottom line? These are setups, not certainties. The market doesn’t owe us confirmation. We’re just here to read the signs and prepare for the plays. The rest? That’s up to the price.

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Disclaimer: The content provided in this article is for informational and educational purposes only and does not constitute financial, investment, or trading advice. Any actions you take based on the information provided are solely at your own risk. We are not responsible for any financial losses, damages, or consequences resulting from your use of this content. Always conduct your own research and consult a qualified financial advisor before making any investment decisions. Read more

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Francesco

My name is Francesco, I am a funded trader and I have a deep passion for forex, cryptocurrencies, and trading as a whole. I feel lucky, that I am able combine my skills with what I love. I'm very interested in factors driving price movements and enjoy uncovering the reasons behind them. My primary interests include Bitcoin, Altcoins, macroeconomics, and all related to trading.

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