Dogecoin Today’s News: Can Dogecoin’s Fibonacci rhythm trigger a new bull market cycle?

Dogecoin (DOGE) is consolidating around USD 0.217, and the Fibonacci retracement level is highly consistent with the pattern of the previous market cycle. The key resistance at $0.3339 is seen as a potential trigger for the ongoing bullish momentum, while the support at $0.1904 remains crucial. Analysts point out that repeated testing of the $0.1383 level is a strong signal, and if it breaks through the resistance level, it may break above $1.40. Failure to break through $0.3339 could result in further consolidation between $0.1904 and $0.2623.