Dogecoin sits near $0.097 after a Tuesday sweep to $0.1035 and a Wednesday flush to $0.093, with liquidation data showing pressure stacked on both sides of price.
A wick to $0.1035 on Tuesday, September 22 looked like the start of a breakout. Less than a day later, on Wednesday, September 23, Dogecoin had round-tripped to $0.093 on the Binance DOGE/USDT perpetual. The move wiped a chunk of open interest off the board in a single session.
Neither side got what it wanted. Longs who chased the Tuesday wick got stopped out. Shorts who piled in near $0.093 got squeezed the other way once buyers showed up. By Sunday, September 27, DOGE was back to $0.0974, roughly in the middle of both moves.
DOGE/USDT hourly chart, September 20 to 27, 2026. Source: CoinGlass Supercharts
Where The Liquidations Are Sitting
CoinGlass’s one-week liquidation heatmap for Binance DOGE/USDT shows a dense short-liquidation shelf stacked between $0.0985 and $0.100, right above current price, the same zone where DOGE printed local highs on both September 22 and September 26. A second, heavier band sits near $0.109, left over from August’s high. Below spot, a lighter long-liquidation pocket runs from $0.090 to $0.091, just under the low that Wednesday’s flush already swept.
Funding on the open-interest-weighted rate never flipped negative through any of it, holding near 0.009% the entire week. Open interest slid hard during the Wednesday flush, then stabilized without the kind of collapse that usually marks a full trend reversal.
Binance DOGE/USDT one-week liquidation heatmap, logged Sunday, September 27, 2026.
Levels That Decide The Next Leg
A 1-hour close back above $0.0985 opens the door toward the thicker shelf near $0.109, last touched in August. That reading fails below $0.0930, the level Wednesday’s sweep already tagged once.
A 1-hour close under $0.0930 instead points at the long-liquidation pocket CoinGlass shows near $0.090. That case cancels the moment DOGE reclaims $0.0985 on a closed hourly candle.
Neither side has forced the other’s hand yet. Funding staying positive through the flush and open interest holding rather than collapsing both lean mildly toward the bull case. DOGE is still trading inside the range, though, not outside it.
Bitcoin And The Broader Tape
Bitcoin traded near $84,600 on Sunday, up modestly on the day, and most of the wider altcoins board was green too, from Ethereum to Solana to Sui, whose own recent pump showed a similar pattern of altcoins finding bids on broader risk appetite.
Bitcoin’s own chart has its skeptics too. A recent weekly read flagged a setup worth watching even with spot still holding above $84,000.
DOGE/USDT daily chart, April to October 2026. Source: CoinGlass Supercharts
None of this is financial or investment advice. It is a read of where the liquidity is sitting and what would have to happen for either side to get paid, drawn from CoinGlass and Binance perpetual data current as of Sunday, September 27, 2026.
Learn more