This retrace was never weakness — it was refinement

DOGE delivered the exact narrative I’ve come to expect from algorithmic flow on the low timeframes. This wasn’t about volatility. This was about cleanup.

The play:
After the initial spike, price formed a visible FVG and retraced into the 0.5–0.618 fib zone. That’s not random — that’s rebalancing. Not only did we see a fade into the midpoint, but volume increased into the dip, not out of it.

What this does is simple: it clears out early longs, taps deeper liquidity, and prepares for re-delivery — all while structure remains intact.

Expectation:
Two paths are mapped — both favoring upside:

Ideal scenario: sweep 0.618 or 0.786 (down to 0.1726) → quick rejection → rally back into the FVG and above

Conservative: hold above 0.1761 fib (0.5) and slowly grind into 0.1795

Final target remains the inefficiency fill near 0.1825

Risk profile:
Entry: 0.174–0.176 zone

Invalidation: below 0.169

TP1: 0.1795

TP2: 0.1825

I’m not interested in chasing. I’m interested in absorption. This is where smart entries are born — deep in discount, backed by displacement.

Final word:
“If you can’t see the intention behind the pullback, you’re not trading Smart Money — you’re reacting to it.”