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DOGEUSDT
Entry 0.2222 2025-08-19 01:33 UTC
Target 0.2480
Fail 0.2003
Risk / Reward 1 : 1
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DOGEUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
Body
The analysis is on DOGE/USD, with current resistance at 0.2514. The support at around 0.20 USD is a key area of interest. The presenter is tracking an ABC correction pattern with the current C wave ideally moving below the A wave's low. The 78.6% Fibonacci retracement level at approximately 0.20 USD remains a key support. The ideal scenario is that 0.20 USD holds to keep the upside scenario alive to break swing high from July at 0.285 USD, but a more medium term target is 0.38 USD to 0.45 USD. The immediate focus is on if bulls can hold above the 0.20 USD mark. There's a possibility of the B wave extending. The presenter says they watching for an extension of B wave to maybe test 0.248 USD.
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