$KOGE sitting right on the knife’s edge around $47.99 and the chart feels compressed. Daily structure is tight, candles are small, and price is glued to the short and mid MAs around the $48 zone. This is not trending price action, this is coiling.
We’ve already seen liquidity sweep both sides. Downside was tapped near $47.34 and instantly defended. Upside wick earlier stretched toward $50.21, grabbed liquidity, and snapped back. That tells you smart money has already marked the range.
Market cap around $162.6M with deep on-chain liquidity near $17M keeps this stable, not fragile. Over 62k holders means distribution is wide, panic dumps are unlikely, but boredom can shake weak hands.
As long as $47.30–47.40 holds, downside risk stays controlled. A clean reclaim and acceptance above $48.50 opens the door back toward $49.70 and the psychological $50 zone. Lose $47.30 on a daily close and you’re looking at deeper consolidation before any real bounce.
This is the kind of chart where patience pays. Expansion usually comes after this much compression. Not a chase zone, but definitely a zone to watch closely...
