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Dogecoin Bounces Back After $0.15 Liquidity Sweep, Eyes Fresh Rally
⬤ Dogecoin has bounced back after sweeping below key support and is now trading near $0.15. The dip below support was brief, with DOGE quickly recovering to its previous range. The move looks like a classic liquidity grab—price drops just enough to shake out weak hands before reversing higher. Buyers have stepped back in, and the coin is holding above its consolidation base.
⬤ The chart shows earlier bullish phases marked as “Bullish Cup” and “Bullish Beauty,” representing upside waves before the pullback and sideways action through late 2025. DOGE spent weeks trading in a tight range before breaking below horizontal support and snapping back up. This type of sweep often signals accumulation, where smart money quietly builds positions while retail traders get shaken out. Right now, DOGE is sitting just below resistance, and holding this level could be crucial for keeping the setup intact.
⬤ The green zone on the chart marks the current rebound area where Dogecoin is trying to stabilize. If momentum holds, the upside target zone sits above current levels. Below, the red zone represents the risk boundary—if DOGE falls back there, the accumulation story falls apart. The overall picture shows a gradual shift from the sweep low toward a more constructive setup.
⬤ This matters because Dogecoin is one of the most actively traded cryptos and tends to move aggressively when momentum shifts. If it holds above $0.15 and the consolidation base stays solid, we could see another leg up. But if support breaks, it’s back to square one. After weeks of choppy trading, the market is now watching to see if this bounce is the start of something bigger or just another fake-out in an ongoing consolidation.