DOGEUSDT - Woof Woof! Is the Dog About to Run?
2024-12-19
Category: None

Currently trading at 0.35625, DOGE is sitting snugly at the 0.382 Fibonacci retracement from its epic 2021 run. This zone is also a solid support range from back in the day, acting like a comfy dog bed for price action. If DOGE can hold the line here, we’ve got clear skies to 0.43—there’s barely any resistance to chew through above.

Let’s zoom out. The ATH weekly close is parked at 0.5690. Breaking that level could send the dog straight to the 0.92 zone, completing a trend-based Fib extension off the ATH. That’s almost a full retracement and extension play—prime for the meme magic to kick in.

DOGE has a history of wild moves when no one’s looking. Meme coins don’t follow logic—they follow hype. When the alts run, they run fast and furious. Keep an eye on volume spikes and sentiment shifts, because when the Dogefather calls, you don’t want to miss it. 🐕‍🦺💨

TL;DR:

Support at 0.35625 (0.382 Fib + 2021 levels).
Resistance at 0.43 and 0.5690 (ATH weekly close).
Extension target: 0.92—let’s complete that trend-based Fib!
Trade smart, stay degen. Let the memes fly. 🚀