The structure indicates that DOGE may oscillate within this consolidation for now, absorbing liquidity from both sides before the next directional leg. If accumulation continues and demand reenters strongly, DOGE could break into a new impulse phase. Conversely, if absorption fails and selling pressure returns, the price could drift lower to re-engage liquidity zones beneath.
DOGE / UST forum
The structure indicates that DOGE may oscillate within this consolidation for now, absorbing liquidity from both sides before the next directional leg. If accumulation continues and demand reenters strongly, DOGE could break into a new impulse phase. Conversely, if absorption fails and selling pressure returns, the price could drift lower to re-engage liquidity zones beneath.
The current outlook leans toward cautious bullish continuation. If buying pressure strengthens and liquidity deepens in the lower regions, DOGE may carve out a new leg upward. However, absent strong volume, the asset could oscillate within its recent range until a clean trigger emerges.
Dogecoin has recently shifted into a more constructive phase, showing signs of steady accumulation after earlier corrective moves. Buyers are gradually stepping in, with price forming higher lows, suggesting that market participants are positioning for potential upside expansion.
Idea: DOGEUSDT Forecast: Correction …
The key support and resistance levels are
- 0.37778-0.46635,
- 0.21409-0.316,
- 0.15129-0.16343.
The key question is whether the price can break above the 0.25529-0.27142 level, which is included in the 0.21409-0.316 level.
In other words, we need to see if the price can find support in the 0.25529-0.27142 level, rise again around 0.316, and rise above 0.37778.
Therefore, it's crucial to see if the price can maintain its upward momentum above the 0.25529-0.27142 range after the volatility period around October 4th.
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