DOGE/USDT — Fake Breakdown or Real? $0.1000 Being Tested.
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Interesting moment developing on DOGE 4H right now. 4H rising trendline being tested. Price sitting right at $0.1000 psychological level. Two valid scenarios: Fake breakdown: Price sweeps below $0.1000 briefly — classic liquidity grab below a round number. Smart money grabs liquidity then snaps back above trendline. Continuation upward resumes. Real breakdown: 4H candle closes below trendline with volume confirmation. Price heads back toward $0.0980 support. Bearish structure continues. What I'm watching: The 4H candle close. A wick below $0.1000 that closes back above = fake. A full close below with momentum = real. Not calling direction until candle confirms. Key levels: Resistance: $0.1040 Support: $0.0980 1D OB: $0.0927-$0.0945 Using SMC — liquidity and order blocks across multiple timeframes. Fake or real breakdown — what's your read? Reference: https://coinmarketcap.com/currencies/dogecoin   submitted by   /u/chart_walker [link]   [comments]
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