DOGE Weekly Chart: Retracement to Key Supply Zone in Focus

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DOGE is currently showing signs of potential retracement on the weekly chart, targeting a previous supply zone as a pivotal area for its next major move. This level aligns with a longer-term bullish outlook, presenting an opportunity for accumulation if the retracement holds.

The primary price target for this setup is $42.0, contingent on a confirmed bounce from the supply zone and sustained momentum. Traders should monitor volume and overall market sentiment as DOGE approaches this critical zone, as it could indicate the strength of a potential reversal or continuation. DOGEUSDT

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DOGE is approaching the buying zone I mentioned back on January 28th — could be a good time to start loading up.