Institutional Flow Driving DOGE Upside Liquidity Hunt

📊 Report-Based Analysis

Market Structure:
The chart shows multiple “Break of Structure (BOS)” events, indicating that institutional orders are driving the market direction. Frequent upside BOS suggests that the bullish trend is currently dominant.

Liquidity Movements:
Price has repeatedly hunted liquidity around major highs and lows (sharp wicks and sudden moves triggering stop losses) before returning to its intended direction. This behavior reflects strong institutional control over market flow.

Price Action Dynamics:

First, the market expanded upward with strong bullish momentum.

A sharp correction followed, creating volatility.

Afterwards, price entered a consolidation phase, which later broke to the upside.

Despite a recent rejection, the bullish structure remains intact.

Current Situation:
Price is trading around the 0.245 area. A large bullish candle was followed by a quick rejection, but the broader structure continues to lean bullish. Projections on the chart suggest a potential push higher as liquidity targets remain above.

Market Bias:
Short-term bias remains bullish. The consistent BOS and formation of higher lows show that the market is more likely to continue seeking upside liquidity in the near term.