Slightly bullish to neutral $DOGE is trading around $0.2349, holding above short-term support near $0.23–$0.234, with resistance forming near $0.25 as recent highs tested by whales.
Fibonacci Levels:
Retracement status: No precise Fibonacci retracement levels are widely cited for current DOGE levels, but historical analysis suggests key resistance around $0.26, $0.30, and $0.34.
Price zones:
Support: ~$0.23–$0.235 (current trading range)
Resistance: ~$0.25 (recent high), next significant Fibonacci stage near ~$0.26–$0.30
RSI:
Value: Around 65.4 (from Binance/BTC pair), or 62.7 (Investing.com)—both indicating mildly bullish momentum.
Interpretation: Momentum is skewed toward bulls, but RSI remains below overbought thresholds (70–80), allowing room for continuation.
Entry Zones:
Safer: Around $0.232–$0.235, near current support and below recent bullish momentum.
Aggressive: On a dip toward $0.228–$0.23, closer to lower channel boundaries or prior structure.
Take-Profit Zones:
TP1: ~$0.25 — short-term resistance tested earlier today.
TP2: ~$0.26–$0.30 — aligns with previously noted Fibonacci resistance levels.
Stop-Loss Ideas:
Conservative SL: Below $0.228, undercutting lower support and exposing downside risk.
Tight SL: Around $0.23, just beneath the current support floor.