As discussed earlier, $DOGE lost 0.0915, the key support.
Once that level was lost with acceptance on the 15m chart, breakdown accelerated exactly as expected.
📍 Liquidity pocket tapped: 0.0900
Price didn’t just wick — it closed below the range, confirming the breakdown from the potential double-bottom structure. The move flushed stops sitting under 0.0915 and swept liquidity at 0.0900 cleanly.
This is classic behavior: Structure fails → Acceleration → Liquidity grab.
Now the key question is reaction.
If price reclaims 0.0915 quickly, this could turn into a fake breakdown. If 0.0900 fails to hold, downside extension may continue.
Those who traded the breakdown — well executed. Momentum followed structure perfectly.
$DOGE on the 15mins chart is shaping a potential double bottom around 0.0915–0.0920. After a steady intraday downtrend, price swept the prior low (Bottom 1) and printed a similar reaction at Bottom 2. That tells us buyers are at least attempting to defend this zone.
Momentum is still cautious. The structure inside the highlighted range shows lower highs, meaning bulls need confirmation — not anticipation. A reclaim of the 0.0940 intraday resistance would shift short-term pressure and open the door for a squeeze back toward the top of the range.
If support fails cleanly below 0.0915, the breakdown could accelerate toward the 0.0900 liquidity pocket, where stops likely sit.
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As discussed earlier, $DOGE lost 0.0915, the key support.
Once that level was lost with acceptance on the 15m chart, breakdown accelerated exactly as expected.
📍 Liquidity pocket tapped: 0.0900
Price didn’t just wick — it closed below the range, confirming the breakdown from the potential double-bottom structure. The move flushed stops sitting under 0.0915 and swept liquidity at 0.0900 cleanly.
This is classic behavior: Structure fails → Acceleration → Liquidity grab.
Now the key question is reaction.
If price reclaims 0.0915 quickly, this could turn into a fake breakdown.
If 0.0900 fails to hold, downside extension may continue.
Those who traded the breakdown — well executed.
Momentum followed structure perfectly.
Momentum is still cautious. The structure inside the highlighted range shows lower highs, meaning bulls need confirmation — not anticipation. A reclaim of the 0.0940 intraday resistance would shift short-term pressure and open the door for a squeeze back toward the top of the range.
If support fails cleanly below 0.0915, the breakdown could accelerate toward the 0.0900 liquidity pocket, where stops likely sit.
Support: 0.0915 / 0.0900
Resistance: 0.0940
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