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Technical analysis by vagada about Symbol DOGE: Buy recommendation (8/8/2025)

https://sahmeto.com/message/3691937
vagada
vagada
Rank: 711
2.9
Buy،Technical،vagada

This is DOGE on the Daily This chart is screaming upside potential. The move began with two higher lows off the 0.786 Fib level at \$0.15924. From there, price blasted through both the 50MA and 200MA straight into the 0.618 Fib at \$0.28336 — an 80% rally. What followed was a healthy 33% correction, briefly pausing at the 0.5 Fib level (\$0.22135), which sits midway between the long-term 0.786 and 0.618 levels. The dip stopped right at the 50MA, which once again acted as a springboard — sending price back above the 200MA, the BB center, and reclaiming the 0.5 Fib, which today is holding as support. A golden cross is now imminent. The last time DOGE saw this setup was in early November 2024, which led to a 200% move. In my opinion, today could offer a strong long opportunity — with a stop loss below the 0.5 Fib or even the 200MA, depending on your risk profile. Always take profits and manage risk. Interaction is welcome.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Valid Until:
28 Day
Stop Loss Price
$0.22135
Price at Publish Time:
$0.22455
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