Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What’s Happening
Bitcoin's price drop below $104,000 led to Dogecoin falling below $0.2, a significant psychological support level. Crypto analyst Smart Flows identified this decline as a liquidity sweep, facilitated by a 4-hour order block starting above $0.22. The sweep broke through the $0.2 support, indicating a mechanical rather than emotional market move. This reset in sentiment may set the stage for a potential price reversal. Dogecoin is currently in a demand order block zone near the Fair Value Gap (FVG) above $0.2, with $0.20928 as the first key reaction point. Success at this level could lead to further gains, with a critical test at $0.22094. Conversely, failure to clear the FVG could result in a downtrend, potentially pushing Dogecoin below $0.18 to retest deeper support near $0.16387.
