Technical analysis by oscar22jz about Symbol DOGE on 1/28/2025

DOGE is currently showing signs of potential retracement on the weekly chart, targeting a previous supply zone as a pivotal area for its next major move. This level aligns with a longer-term bullish outlook, presenting an opportunity for accumulation if the retracement holds.The primary price target for this setup is $42.0, contingent on a confirmed bounce from the supply zone and sustained momentum. Traders should monitor volume and overall market sentiment as DOGE approaches this critical zone, as it could indicate the strength of a potential reversal or continuation. DOGEUSDTDOGE is approaching the buying zone I mentioned back on January 28th — could be a good time to start loading up.