Dogecoin Tests Key Fibonacci, Could Rally 18% Toward 0.315 Targe

20 Eyl

Hello✌️
Let’s analyze Dogecoin’s price action both technically and fundamentally 📈.


🔍Fundamental analysis:
REX-Osprey may launch a Dogecoin ETF (DOJE) in Sept 2025 if the SEC approves. Analysts see about a 75% chance by 2026. Meanwhile, whales bought 1B+ DOGE (~$266M), cutting exchange liquidity. This could boost price if demand rises, but past whale sell-offs caused sharp corrections.

📊Technical analysis:
DOGEUSDT sits near a critical Fibonacci level, daily support, and weekly trendline 📈🐕; holding these zones could unlock at least an 18% upside, targeting 0.315.


📈Using My Analysis to Open Your Position:
You can use my fundamental and technical insights along with the chart. The red and green arrows on the left help you set entry, take-profit, and stop-loss levels, serving as clear signals for your trades.⚡️ Also, please review the TradingView disclaimer carefully.🛡

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24 Eyl

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