DogecoinLong
Dogecoin Breakout Run Targets $0.1930
Resistance at $0.15: DOGE faces strong resistance at the $0.15 psychological level. Breaking above this could open the path for a sustained uptrend.
Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds.
Fibonacci Resistance at $0.1432: DOGE struggles to move past the 38.20% Fibonacci retracement level at $0.1432. This level remains a key resistance for further upward movement.
Next Target at $0.1571: Should DOGE break the $0.1432 resistance, the next Fibonacci level at 50% ($0.1571) is the short-term target, indicating potential for additional gains.
Support at $0.1239: Key support for DOGE sits at $0.1239, a crucial level that may act as a rebound point if the price faces increased selling pressure.
Medium-Term Target at $0.1930: If bullish momentum extends, DOGE could challenge the 78.60% Fibonacci retracement level at $0.1930, positioning it closer to the $0.20 range.
Sideways Trend Near $0.135 to $0.146: The current sideways movement suggests consolidation around this range, with potential for breakout depending on volume and broader market strength.
Golden Crossover: The recent golden crossover between the 50-day and 200-day EMAs signals a bullish shift, with potential for an extended rally if the crossover holds.
Fibonacci Resistance at $0.1432: DOGE struggles to move past the 38.20% Fibonacci retracement level at $0.1432. This level remains a key resistance for further upward movement.
Next Target at $0.1571: Should DOGE break the $0.1432 resistance, the next Fibonacci level at 50% ($0.1571) is the short-term target, indicating potential for additional gains.
Support at $0.1239: Key support for DOGE sits at $0.1239, a crucial level that may act as a rebound point if the price faces increased selling pressure.
Medium-Term Target at $0.1930: If bullish momentum extends, DOGE could challenge the 78.60% Fibonacci retracement level at $0.1930, positioning it closer to the $0.20 range.
Sideways Trend Near $0.135 to $0.146: The current sideways movement suggests consolidation around this range, with potential for breakout depending on volume and broader market strength.
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.
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.