The first key resistance level faced by Dogecoin bulls is approximately $0.1790, which corresponds exactly to the 76.4% Fibonacci retracement level of the downward wave segment from the $0.1843 high to the $0.1642 low.
The next strong resistance level is around $0.1840. If the closing price successfully breaks through this level, the price is expected to challenge the $0.1880 resistance level.
If the upward momentum continues, the target above will point to $0.1920, while $0.200 may become an important stop-loss reference point for the bulls' subsequent layout.
