Dogecoin has just reached its last support: the bulls have one last opportunity
Dogecoin $DOGE is facing $0.19
In Kevin's daily view, the focus is on the range of $0.1901–$0.1839. This zone is not arbitrary: it is anchored in the 50% Fibonacci retracement of the explosive increase on May 11 ($0.2597) and is reinforced by the retracement group of 0.618–0.65 at $0.1976 and $0.2005.
The long red candle on Friday pierced the Ichimoku conversion line and stopped just short of the 0.50 Fibonacci, resulting in the first real test of the new floor. A daily close below would expose the 0.382 level of the same stretch at $0.1694 and, beyond that, the lower limit of the multi-year downtrend line, which is now leaning towards $0.14 by the end of the month. Conversely, sustained demand within the band would confirm it as the platform for another bullish attempt towards the 0.703 extension at $0.2117.
