- Dogecoin reacted to the H1 demand zone as expected, confirming a key level
- A supply zone above could trigger a rejection if liquidity gets taken first
- An M15 demand zone presents a potential bullish setup, but confirmation is needed
In our last Dogecoin analysis, we discussed the possibility of DOGE reacting to the H1 demand zone sitting below liquidity.
And guess what? That’s exactly what happened.
Surprising? Not really. If you’ve been following my articles, you know this is just how the market operates day in and day out.
Now, the big question—what’s next?
Dogecoin Analysis: Key Levels to Watch
With the price bouncing from demand, there’s now a clear supply zone where DOGE could react.
If the price pushes up and grabs liquidity above, it might hit that supply before continuing downward.
But there’s another interesting setup forming. If we zoom in to M15, we see a demand zone that could play a role.
The reaction would be more likely if the liquidity above remains untouched. If it gets taken first, the setup changes, and we’d need to reevaluate.
Dogecoin Price Prediction: Where Do We Go from Here?
The market is never 100% predictable, and DOGE is no exception. However, based on the current price action, these are the most likely scenarios:
- A move up to the supply zone, where DOGE could react and potentially resume its downtrend.
- A drop into the M15 demand zone, where we watch for a possible bullish reaction—if liquidity above stays intact.
Either way, these levels are key for the next move. Stay tuned and let’s see how DOGE plays out in the coming sessions.
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
