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.