#Dogecoin Top-Down SMC Analysis
Market Structure: $DOGE has cleared internal range liquidities, shifting from a bearish structure (LLs, LHs) to a bullish trend marked by HH & HLs. PA has reclaimed swing high liquidity and has rebounded from a significant bullish order block.
Current Target:
#Doge is now eyeing external range liquidity around $0.22700. If this level is reached, the next liquidity target is set at $0.35000.
A breach of $0.22700 could drive a retracement to the $0.13000 key level, which will act as a high-probability bullish order block for potential buy setups.
With internal liquidities tapped, we anticipate potential movement toward all-time highs.
Positioning:
For existing long positions, holding is recommended to capture anticipated gains as DOGE approaches key liquidity levels.
#Cryptocurrency
