Trading Desk Flows Tip Bonding. See $0.214 Flip for Momentum

Heavy selling across digital assets drives DOGE 5% lower; desk formation of eye base as liquidation pressure shows early signs of exhaustion.

News background

DOGE followed the broader market liquidation triggered by renewed US-China tariff rhetoric, falling 5% from $0.21 peaks to settle at $0.20. President Trump’s proposed 100% tariff plan wiped out about $19 billion in crypto market value, triggering forced liquidations across major companies.
Despite the sell-off, institutional desks are reporting accumulation of interest near the $0.20 handle as derivatives open interest resets to mid-September levels.
House of Doges’ $50 million Nasdaq debut through its Brag House Holdings merger continues to support the long-term institutional narrative, although short-term flows remain risk-off.

DOGE traded in a $0.0117 (6%) range between $0.21 and $0.20 through October 14 at 21:00–Oct. 15 20:00.
The volume increased to DKK 568.6 million. at 08:00 on the morning rally to $0.21 before the sellers regained control.
The largest liquidation hit the 13:00-15:00 window with DKK 920 million. turnover as the price broke below $0.21.
Capitulation at 19:50 brought the price down to $0.20 on 12 million. volume, marking probable exhaustion.
DOGE stabilized near $0.20 to close on reduced volume, suggesting demand is returning.

Support remains firm around $0.20-$0.202, consistent with high volume accumulation during liquidation trough. Resistance is $0.21-$0.214, the zone capped by this morning’s reversal volume.
Short-term structure remains fragile as DOGE trades below the 200-day moving average, but volume compression and stable bid depth at $0.20 suggest potential base building. A clean recovery of $0.21 could invite momentum longs targeting $0.224-$0.228.
Momentum indicators remain oversold; derivative funding turned sharply negative across Binance and OKX – conditions that often precede short-covering rallies.