- DOGE hasn’t tapped a major supply zone yet, leaving room for a potential bullish move
- Liquidity sits below the current price, meaning a fakeout before a rally is possible
- Markets are unpredictable—traders should wait for confirmation before making a move
In the last analysis, we were watching DOGE’s price movement toward the supply zone, expecting either a reaction or a breakout.
At the same time, we had our eyes on the M30 demand zone as a potential buy opportunity.
However, DOGE had other plans—it reacted earlier than expected, bouncing off a larger H1 demand zone instead.
Now, the supply above remains untouched, and there’s liquidity sitting right above it.
What does that tell us?
Well, if history teaches us anything, it’s that markets love to hunt liquidity before making decisive moves. Could DOGE make a fake move down to grab liquidity before a push higher? Let’s break it down.
DOGE’s Current Price Structure
1. Liquidity Above the Market
The untapped supply zone above remains a key target for price action.
Since DOGE still hasn’t reached that level, it’s possible that price is building momentum for a move up.
2. Demand Zone Shift – H1 Over M30
Instead of reacting to the M30 demand, DOGE showed strength by bouncing off a higher time-frame H1 demand.
This signals that the market might still favor bullish action—unless the price dips lower to take out liquidity first.
3. A Potential Fakeout?
Traders should be cautious of a liquidity grab below before any meaningful breakout.
If the market sweeps the liquidity under current price levels, it could be a setup for a strong reversal to the upside.
DOGE Price Prediction – What’s Next?
- If DOGE breaks the supply zone, we could see further upside momentum.
- If it dips below recent lows, it might be a liquidity grab before a reversal.
- However, nothing is 100% certain—the market moves unpredictably, and patience is key.
For traders, the key is not to chase—wait for confirmation before jumping in.
Final Thoughts
Markets love to trick traders, and DOGE is no exception. Will we see a fake breakdown before a breakout? Or will price push straight up to the supply zone?
Either way, keeping an eye on liquidity zones and being prepared for multiple scenarios is the way to go.
Trade smart. Stay patient. And don’t get caught in the trap.
What do you think? Will DOGE move up or pull a fakeout first?
Disclaimer: The information 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
