DOGE has reached the 0.618 Fibonacci retracement level, which aligns closely with trendline support. From this zone, the price could start moving upward again toward the 0.245 level.
If a breakdown occurs, the price may move lower — though current structure suggests a bounce is more likely.
If a breakdown occurs, the price may move lower — though current structure suggests a bounce is more likely.
Note
what a bounce :)Disclaimer
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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.