DOGE/USDT – The Consolidation Game

DOGE is locked in a tight 4-hour consolidation right now, and honestly, these setups don't usually last long. What caught my attention: after that recent sharp selloff, price came back down and tested the lows—actually hitting a major demand zone. And here's the interesting part—the selling pressure has dropped noticeably.

When you see consolidation after a strong move, combined with weakening bears at key support levels, the market is basically deciding its next direction. The technical setup suggests we're approaching an inflection point. Whether we break higher or probe lower, conviction will show in the volume and how price reacts at these critical levels.

Keep an eye on the 4H structure. Tight consolidations like this one often precede sharp moves.