Dogecoin Repeats Liquidity Price Action Pattern
Dogecoin returns to its consolidation zone after a quick liquidity sweep, showing signs of a repeated price action pattern.
- Dogecoin quickly bounced after a liquidity grab
- Price returned to the previous consolidation zone
- Similar patterns have appeared on the H1 chart before
Dogecoin (DOGE) has once again shown a familiar price behavior, repeating a pattern often seen in volatile crypto markets. After a sharp move that appeared to grab sell-side liquidity, the meme coin has quickly reversed and settled back into its earlier consolidation zone on the 1-hour chart (H1).
This kind of liquidity grab—where price dips below key support levels to trigger stop-loss orders—often signals a trap for late sellers. Once that liquidity is captured, stronger hands typically push the price back into the previous range, and that’s exactly what has happened with Dogecoin.
Consolidation Zone Holds Strong
Following the brief dip, Dogecoin returned to the consolidation area it has respected over the past few trading sessions. This behavior reinforces the idea that buyers remain active in this zone, unwilling to let the price fall too far before stepping back in.
Historically, such repeated consolidation after a liquidity grab can be a setup for a larger move, either to the upside or downside. Traders watching DOGE will now be looking for a breakout confirmation—whether bullish or bearish.
Pattern Repeats on the H1 Chart
On the hourly chart, Dogecoin’s price action mirrors previous liquidity sweeps followed by consolidation. While it’s too early to declare a strong trend, the repeated nature of this setup suggests DOGE is in a preparation phase before its next major move.
If this pattern continues, traders might expect another grab at liquidity followed by a shift in momentum. As always, monitoring volume and key support/resistance levels will be crucial in navigating what comes next for DOGE.
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