$DOGE faced strong resistance at the 23.6% Fibonacci retracement level ($0.282). The 4-hour chart shows a failed breakout attempt followed by a 4.5% drop.
What this means: - The 7-day SMA ($0.2776) crossed below the 30-day SMA ($0.2369), signaling bearish near-term momentum - RSI 14 (64.49) retreated from overbought territory, easing buying pressure - Critical support now at $0.267 (38.2% Fib level). A break below could target $0.243
Watch: $0.267 support – a sustained hold here could prevent deeper correction. #DOGE #Dogecoin
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$ADA held the 50% Fibonacci retracement level ($0.80) from its July–August rally, with MACD histogram showing slowing bearish momentum.
👉The 200-day SMA ($0.726) acts as long-term safety net.
What this means:
👉Short-term traders see $0.80 as a psychologically important accumulation zone. A close above the 30-day SMA ($0.856) could target $0.90, while failure to hold $0.80 risks drop to $0.76. #Cardano