Can DOGE Hold the Line? 0.382 Fib Support Still Intact

Key Insights:

• DOGE holds above $0.138 support, keeping bulls in play despite broader downtrend since mid-2025.
• The bull flag on the 3-day chart suggests a possible rally toward $0.195 if breakout confirms above channel.
• Short-term resistance at $0.154 remains the key level to trigger the next potential move upward.

Dogecoin (DOGE) was trading above a crucial support level on the weekly chart. The 0.382 Fibonacci retracement on the log scale, placed around $0.138, has continued to hold as a floor for now. DOGE closed the last weekly candle at $0.14225, gaining 3.2% over the week.

The price has tested this level multiple times without breaking down. Each time it dips near $0.138, buyers step in, keeping the market from falling further. This consistent reaction suggests that the area is being watched by market participants as a key zone of interest.

Trend Still Faces Pressure From Lower Highs

Despite holding support, DOGE remains under pressure on the larger trend. The coin has formed a series of lower highs since mid-2025. This means buyers haven’t yet pushed the price past previous resistance points.

If DOGE breaks below $0.138, the next area to watch is around $0.093, which lines up with the 0.236 Fibonacci retracement. That would be the next possible support zone. To shift momentum in favor of bulls, the price needs to break above $0.16 and stay there. Until that happens, the overall structure remains uncertain.

Bull Flag Formation Points to $0.195 Target

A separate chart posted by Trader Tardigrade  shows a bull flag forming on the 3-day timeframe. The pattern starts with a strong upward move, followed by a tight range forming within a downward-sloping channel.

This type of price action is often linked to a possible breakout, with the next target set at $0.195. DOGE is currently consolidating just under $0.145. “Price needs to break the flag to validate the target,” the trader noted. Until that happens, the target remains unconfirmed.

Short-Term Focus on $0.154 Resistance

Crypto Tony  shared a short-term view using the 4-hour chart. In his update, he points out that DOGE must reclaim $0.154 to continue upward. The price recently bounced off support at $0.144, showing some strength in the near term.

“A reclaim over 0.154c is what I need to see on DOGE for the next big leg up,” he said. The chart suggests a possible move higher if that level is cleared. Until then, price may remain inside the current range.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.