These lines have acted as long-term resistance and breakout markers across DOGE’s post-2021 structure. Price spent much of 2022 and 2023 below these fan lines, only pushing into stronger recoveries when it reclaimed one of them.
The ideal scenario for a bullish run is that DOGE holds above $0.095, pushes through $0.115, and begins climbing back above $0.14. That would make the 0.618 Fib fan retest look more like the October 2024 setup, where a technical hold came before a larger wave.
At the time of writing, Dogecoin is trading at $0.1028.
Featured image from Pixabay, chart from TradingView
