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Technical analysis by Quant_Trading_Pro about Symbol DOGE: Buy recommendation (8/31/2025)

https://sahmeto.com/message/3746086
Quant_Trading_Pro
Quant_Trading_Pro
Rank: 352
3.0
Buy،Technical،Quant_Trading_Pro

DOGE is currently consolidating just above the 0.5 Fibonacci retracement level (0.214) and the ascending trendline support. As long as this structure holds, the chart suggests a potential bounce setup targeting the 0.278 resistance zone. Key levels to watch: Resistance: $0.278 (major horizontal supply) Support: $0.214 (Fib 0.5 + trendline confluence) Deeper Supports: $0.197 (0.618 golden pocket), $0.173 (0.786 retracement) The Stoch RSI is resetting in mid-zone, suggesting room for momentum expansion in either direction. A strong bounce off 0.214 could trigger a run toward $0.278, while a breakdown below the golden pocket at $0.197 would invalidate this bullish projection. Overall, DOGE is at a make-or-break support confluence, with upside potential hinging on whether bulls can defend the trendline.

Translated from: English
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Signal Type: Buy
Time Frame:
8 ساعت
Profit Target:
$0.27774
Price at Publish Time:
$0.21699
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