
{"id":71793,"date":"2025-06-05T08:30:08","date_gmt":"2025-06-05T08:30:08","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=71793"},"modified":"2025-06-05T08:30:08","modified_gmt":"2025-06-05T08:30:08","slug":"dogecoin-price-crash-below-0-2-4h-order-block-shows-exactly-whats-happening","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=71793","title":{"rendered":"Dogecoin Price Crash Below $0.2: 4H Order Block Shows Exactly What\u2019s Happening"},"content":{"rendered":"<p class=\"p2\">Following the Bitcoin price sweep down below the $104,000 level over the weekend, the <a href=\"https:\/\/bitcoinist.com\/dogecoin-300-upshoot-to-0-5\/\">Dogecoin price was pushed back down<\/a> below $0.2 once again. This move understandably shocked the community as the $0.2 has held for a long time. However, using the 4-hour order block (OB), a crypto analyst has explained what is going on with the Dogecoin price, why the decline happened, and where it could be headed next.<\/p>\n<h2 class=\"p2\">Dogecoin Price Experienced A Liquidity Sweep<\/h2>\n<p class=\"p2\">Crypto analyst Smart Flows, on the TradingView website, <a href=\"https:\/\/www.tradingview.com\/chart\/DOGEUSDT\/quElcwdn-Price-tapped-the-discount-now-it-s-time-to-test-premium\/\">pointed out<\/a> an interesting development on the Dogecoin price chart. This showed a clear delineation for why the meme coin\u2019s price dropped below the $0.2 psychological support level, and it came down to something as clean as a liquidity sweep.<\/p>\n<p class=\"p2\">The crypto analyst uses the 4-Hour order block on the Dogecoin price chart to explain this, starting just above the $0.22 price level. This saw a <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoins-fate-hinges-on-this-price-level-analysts-agree\/\">liquidity sweep<\/a> through the Fair Value Gap (FVG) at the 0.5 Fibonacci level, breaking through the $0.2 support. This move, Smart Flows explains, was in no way emotional and was more of a \u2018mechanical\u2019 move, suggesting it was engineered to happen. <\/p>\n<p class=\"p2\">The outcome of this liquidity sweep is that there has now been a reset of <a href=\"https:\/\/bitcoinist.com\/the-dogecoin-dip-below-0-2\/\">sentiment surrounding the Dogecoin price<\/a>, setting the stage for a potential reversal. If this is the case, then Dogecoin may be sitting on the cusp of what could be the next major rally above $0.2.<\/p>\n<h2 class=\"p2\">What To Expect Next From Here<\/h2>\n<p class=\"p2\">According to the crypto analyst, <a href=\"https:\/\/www.newsbtc.com\/dogecoin-2\/dogecoin-worst-month-history\/\">Dogecoin is now sitting in a 4-Hour demand order block zone<\/a> that is in confluence with the Fair Value Gap (FVG) above $0.2. This makes the $0.20928 level the first \u201ckey reaction point,\u201d and the analyst points out two possibilities for the meme coin here: either the price continues to stall or consolidation begins at this level.<\/p>\n<p class=\"p2\">Basically, the Dogecoin price has to be able to beat the first major test at $0.209 before moving higher from here. This means it must complete a clean <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-quick-reversal-to-0-25\/\">clearance of the FVG<\/a> to grab liquidity above. After this, the real test begins at $0.22094, where the next major 4-Hour order block sits. The analyst explains that being able to clear the FVG will mean a continuation model is in play. <\/p>\n<p class=\"p2\">However, there is still the possibility that the <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-could-break\/\">Dogecoin price is rejected before<\/a> it is able to clear the FVG above $0.2. In this case, it could signal a further downtrend for the altcoin. \u201cIf we reject early \u2014 that tells me distribution is starting, and I\u2019ll prep for a secondary sweep below 0.18 to retest the deeper 4H OB near 0.16387,\u201d the analyst concluded.<\/p>","protected":false},"excerpt":{"rendered":"<p>Following the Bitcoin price sweep down below the $104,000 level over the weekend, the Dogecoin price was pushed back down below $0.2 once again. This move understandably shocked the community as the $0.2 has held for a long time. However, using the 4-hour order block (OB), a crypto analyst has explained what is going on [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":71794,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-71793","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71793"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71793"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/71793\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/71794"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71793"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71793"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71793"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}