Dogecoin: Tests 0.618 Fibonacci at $0.0813
Dogecoin holds $0.0813 at 0.618 Fibonacci support on 4h chart with EMA50 at $0.08 and MACD death cross as bulls defend the level.
SourceAnalysis
Dogecoin has retraced to the 0.618 Fibonacci level near $0.0813, a key support zone where the market is currently reacting. Multiple retests remain possible before acceptance is confirmed, with holding above $0.0813 keeping support valid while a close below raises deeper retracement risk.
On the 4h chart DOGE trades inside the Bollinger Bands with price at $0.08 testing the lower band support at $0.08 while EMA50 and EMA200 both sit at $0.08 acting as long-term confluence resistance. RSI at 36.9 stays neutral and MACD registers a bearish death cross, suggesting any reclaim of $0.0865 would be needed to shift short-term structure before further upside attempts.
Trader Tardigrade
@TATrader_AlanTechnical chartist and crypto content creator focused on Bitcoin and altcoin pattern analysis.