On $DOGE (Daily TF), price has clearly rejected the higher resistance zone again. Structure is still bearish on higher timeframes, and the market is respecting that very well.
The October 11 long wick (liquidity zone) is still unfilled, and markets usually don’t leave such imbalances behind for long — especially when momentum is weak.
The recent bounce looks more like relief / distribution, not strength. As long as DOGE stays below 0.156–0.160, upside is limited and downside risk remains open. A move toward the 0.10–0.095 liquidity area is absolutely possible if pressure continues.
Your comparison with $BTC is also valid. BTC often shows a bullish trap → liquidity sweep → real expansion. If BTC does another downside sweep, DOGE will feel it harder, as memes usually exaggerate BTC’s moves.
Key levels to stay alert on:
Resistance: 0.156 – 0.183
Major downside liquidity: 0.10 – 0.095
Invalidation for bearish view: Daily close above 0.183
So yes — alert mode is ON.
This is not a place to be emotional or overconfident. It’s a place to wait, manage risk, and react — not predict.
Good call highlighting this early.