Update from yesterday's analysis — fake breakdown scenario playing out.
Price swept below $0.0980 support, grabbed liquidity underneath, and reversed strongly back above $0.1000.
This is textbook SMC liquidity sweep:
\* Bears trapped below support
\* Smart money grabbed liquidity
\* Price reclaimed $0.1000 immediately
What this means:
If price holds above $0.1000 and reclaims the orange trendline — bullish continuation toward $0.1040 becomes the primary scenario.
Key levels now:
Support: $0.0980 — liquidity swept, now stronger
Immediate resistance: $0.1030-$0.1040
Invalidation: Close back below $0.0980
Called this fake breakdown scenario yesterday — structure is following through.
Using SMC — liquidity sweeps and order blocks.
Reference: https://coinmarketcap.com/currencies/dogecoin
