Technical analysis by FIBZnCRIBZ about Symbol DOGE on 8/9/2025

Structure Detected Price is moving within a broad ascending channel -- current action is around the midline resistance. Recent candles show a bounce off the lower half of the channel, reclaiming momentum toward the midline. Volume Profile shows highest interest between $0.20–$0.25, meaning we’re trading right inside a major liquidity zone. Historically, moves from this mid-channel zone often test either the upper channel near $0.48 or revert to the lower channel (~$0.15). 📊 Market Bias Short-term: Bullish tilt while above $0.22 support — strong recovery from recent local lows and consistent green Heikin Ashi candles. Medium-term: Still neutral until price can break & close above ~$0.27 (clear channel midline breakout). Volume cluster at $0.24 may cause some chop before resolution. 🎯 Bullish Targets $0.27 – Break & retest of channel midline. $0.35–$0.36 – Next high-volume node from the profile. $0.48 – Channel top & major psychological resistance. 🔻 Bearish Levels $0.22 – Immediate support. $0.20 – High-volume support; losing this flips bias bearish. $0.15 – Lower channel boundary / high interest node. 🕰️ Timeframe-Based Targets Daily Swing Upside: $0.27 → $0.35 → $0.48 Daily Swing Downside: $0.22 → $0.20 → $0.15 📝 Summary DOGE is in a mid-channel battle inside a key liquidity cluster around $0.24. Holding above $0.22 keeps the bias short-term bullish toward $0.27, but failure here likely sends it back to $0.20 for a retest. A clean daily close above $0.27 could set up a move toward $0.35 (+).