$DOGE is up +6.95% from the Oct 18 low at $0.07609, now trading at $0.08138 If you had longed it at the Oct 18 3:00 PM ET low with $100k at 10x, you'd be up +$69,523 right now Why it moved DOGE bounced on light leverage. Futures open interest fell to about 15 billion DOGE on Tuesday from 15.7 billion the day before, FXStreet reported at 12:32 PM ET Oct 20, so this was not traders piling on. On KuCoin, DOGE ran from $0.08013 to $0.08201 in the 10:00 AM ET hour, dipped to $0.07992 the next hour, and is back above $0.081. The bigger thesis One small ETF overhang is about to clear. The Bitwise Dogecoin fund stopped trading Oct 14 and pays holders cash on Oct 22, AD HOC NEWS reported on Oct 20. Macro is the bigger driver. CME FedWatch shows an 83% chance the Fed holds on Oct 28 and 17% for a hike, the same FXStreet note showed. A hold eases pressure on memecoins first. What I'm watching next Above: $0.08201, the 10:00 AM ET high, then $0.0854 to $0.0859, the 100-day and 50-day EMA cluster, then $0.0919, the 200-day EMA. Below: $0.07992, the 11:00 AM ET low, then $0.0785, Tuesday's low, then the Oct 18 base at $0.07609. Low leverage, a clean intraday hold, a Fed date coming. I share my DOGE levels in the Telegram before it gets loud, so join now and be early. Still watching from the sidelines? Every move in this post was there for anyone looking early. Stop reading recaps after the pump. Join before it's too late: t.me/+Z3NwL0DSnmk0ZjI0