DOGE is currently consolidating just above the 0.5 Fibonacci retracement level (0.214) and the ascending trendline support. As long as this structure holds, the chart suggests a potential bounce setup targeting the 0.278 resistance zone.
Key levels to watch:
Resistance: $0.278 (major horizontal supply)
Support: $0.214 (Fib 0.5 + trendline confluence)
Deeper Supports: $0.197 (0.618 golden pocket), $0.173 (0.786 retracement)
The Stoch RSI is resetting in mid-zone, suggesting room for momentum expansion in either direction. A strong bounce off 0.214 could trigger a run toward $0.278, while a breakdown below the golden pocket at $0.197 would invalidate this bullish projection.
Overall, DOGE is at a make-or-break support confluence, with upside potential hinging on whether bulls can defend the trendline.
Key levels to watch:
Resistance: $0.278 (major horizontal supply)
Support: $0.214 (Fib 0.5 + trendline confluence)
Deeper Supports: $0.197 (0.618 golden pocket), $0.173 (0.786 retracement)
The Stoch RSI is resetting in mid-zone, suggesting room for momentum expansion in either direction. A strong bounce off 0.214 could trigger a run toward $0.278, while a breakdown below the golden pocket at $0.197 would invalidate this bullish projection.
Overall, DOGE is at a make-or-break support confluence, with upside potential hinging on whether bulls can defend the trendline.
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Search by indicators like Supertrend, Ichimoku, macd.
Join our discord discord.gg/2systG9frc
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.