Dogecoin ( DOGE) Technical Setup:
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DOGE is consolidating sideways, likely forming Wave 4. Key levels:
- Support: $0.25-$0.34 (critical support at $0.198)
- Resistance: Break above $0.44 could rally to $0.60
- Fibonacci levels: $0.484, $0.596-$0.60
Future projections:
- Upside targets: $0.484, $0.596-$0.60
- Long-term targets: $1.30-$2.11 (if above $0.198)
No strong downward impulse is seen, leaving room for upside potential. Another high near $0.60 is expected before a larger correction.
Watch for:
- Break above $0.44 for rally
- Support hold above $0.198 for bullish scenario