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Dogecoin started balancing on the edge of the knife at the main technical fulcrum in June, and its next decisive swing may be determined by both Kevin (@Kev_Capital_ta) and Cantonese Cats (@CantonMeow) bringing a narrow support band.
Dogecoin showdown is $0.19
From Kevin’s Daily View, the focus is on the corridors of $0.1901–$0.1839. The area is not arbitrary: it is anchored by a 50% Fibonacci backtrack ($0.2597) of the May 11 explosion and is supported by the 0.618–0.65 backcall cluster at $0.1976 and $0.2005.
Related Readings
Friday’s long red candle cut into thin slices of conversion lines and paused in that 0.50 fiber whisker, resulting in the first real retest of the newly cast floor. The daily closure below will make the same leg 0.382 marked at $0.1694, and besides that the lower track of the multi-year-old trendline now tends toward $0.14 later this month. Instead, the ongoing bid within the band will confirm it is an upside attempt to stage with an extension of $0.2117 at 0.703.
Analysis of the Cantonese cat will have the same area as the neckline of the shoulder shoud bone carved within three months. The swing in mid-March forms the left shoulder in the left shoulder, early-April surrender produces a deeper head, while the early slot completes the right shoulder.
The neckline (approximately between $0.187 and $0.194) was pierced on May 9, and since then, the price has returned to the return of this textbook. Holding the neckline will make the reversal complete; sliding below will invalidate the pattern and manual momentum.
Long-term outlook still bullish
A broader perspective comes from the monthly charts in Cantonese, with seven consecutive prints of domycin in the range of $0.16 to $0.42. This compression occurs in major bullish trends defined by successive higher highs (May 2024 and November 2024) and higher lows (August 2024 and April 2025).
Related Readings
This length of the inner squeeze is rarely dormant: statistically, the break usually travels a distance that is comparable to the range of the parent candle (in this case 26 cents), and both parties can control it. Until the break comes, the $0.16 floor and the November Wick’s 0.42 ceiling delineates the integrated exterior limits.
Resistance overhead is still layered. Kevin’s $0.2117 extension becomes the first waypoint if the buyer defends the neckline and reclaims the $0.20 handle. Beyond the band $0.25–$0.26, the band limits May’s rally. It’s almost certain that cleaning movements across the shelf will indicate that monthly compression has been addressed higher and putting a $0.29 digital line on the radar.
However, at present, the market’s vision has narrowed to only one million stripes. It’s here (between $0.190 and $0.184), Memecoin’s reverse head and shoulder neckline fits Kevin’s key Fibonacci shelves. As analysts agree, Dogecoin’s direct fate depends on whether the ledge exists or collapses in the days to come.
At press time, Doge’s trading price was $0.19211.
Featured Images created with dall.e, Charts for TradingView.com
