Technical analysis by formula_capital about Symbol DOGE: Buy recommendation (9/10/2025)

As anticipated, DOGE is pulling back to test a key support zone. This is a make-or-break moment for the bullish scenario. The main focus is now on the $0.2370 - $0.2355 range. This area represents a strong support cluster, where the Point of Control (POC) from the volume profile converges with the 0.382 Fibonacci level—a prime zone for smart money to accumulate. A successful hold and bounce from this level would be a strong confirmation of the uptrend's continuation. For those who missed the initial move, this could present an excellent entry point for a spot position. The target remains unchanged: a retest of the highs and a push towards the $0.250 - $0.255 zone. A breakdown and close below $0.2350 would invalidate the current bullish setup and could trigger a deeper correction toward the $0.2300 area. We are closely watching the price action in this zone and will act accordingly.