Let's look at $DOGE coin

On weekly chart we can see that the price has hit the POC (Point of Control). This is the area where most of volume has been traded in the past months.

This often causes a price to react from it. We can see that price did react to it already.

Doge also broke out from the big consolidation phase and if we take into consideration the context of bull market, it means that Doge is showing signs of strength.

In confluence we also have Fibonacci 0.786 level hit. This aligns perfectly with support level.

I am expecting another rise to the upside on it.