DOGE · 1H · SIDEWAYS

The Sep 28 long has been running for over a week now, confirmed at 0.0903 and reaching a high of 0.0982 — but Target 1 at 0.1005 was never reached, and price has since pulled back hard to 0.09079, sitting right on the support zone that has held this entire structure. The invalidation at 0.0855 is untouched, the daily trend remains up, and the move from 0.0903 to 0.0982 showed real conviction — but this pullback is deep enough that I'm watching closely whether this is a time correction or something more structural unraveling. The 0.0886 dense liquidation cluster just below current price is the key: a flush through it into 0.0855 territory ends the thesis; holding here and reclaiming 0.0915 keeps the path to 0.1005 alive. Dogecoin ETF inflows in late September add a mild fundamental tailwind, but the chart is the primary driver here. Funding at 0.0100% per 8h — longs paying shorts — is modest and not extreme enough to signal a squeeze risk, so I'm not reading the positioning as dangerously crowded.