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Dogecoin begins in June to be balanced on the edge of the knife from a major technical pivot, which is likely to be dictated by a narrow set of support that made Kevin (Kev_capital_ta) and Cantonmeow cats have a sharp relief.
Facing Dogecoin at $ 0.19
On Kevin Daily offer Focus is a corridor 0.1901 – 0.1839 dollars. The area is not arbitrary: it is established by a 50 percent decrease of Vibonacci for an explosive rise on May 11 ($ 0.2597) and is pused into the head sky 0.618-0.65 from 0.1976 dollars and $ 0.2005.
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The long red candles on Friday through the Ichimoku convertible line and stopped inside a FIB’s 0.50 logo, resulting in the first original re -test of the new floor. The daily closure below will expose the 0.382 brand of the same leg at $ 0.1694, and otherwise, the lower railway of the multi -year landing line that extends throughout the year is heading about $ 0.14 later this month. On the contrary, the continuous offer within the band would confirm this as the gradual land of another bullish attempt towards 0.703 at $ 0.2117.
Cantonian cat analysis Tires The identical area is like a neck line of the sculpted reverse head for three months. The lower swing in the middle of March was formed from the left shoulder, which produced surrender early April with a deeper head, and completed the early basin in the right shoulder.
The optimal turquoise-turquoise line was hacked between about $ 0.187 and $ 0.194-decisively on May 9, and then the price was drifted to re-test textbooks. Holding the neck line keeps the reflection intact. Slipping under it would overlook the pattern and manual momentum into the bears.
The long -term look is still optimistic
A wider perspective of the monthly graph of the cantonian cats comes, where Dogecoin printed seven consecutive within a range of $ 0.16 to $ 0.42. This pressure appears within the basic upward trend specified by the highest consecutive levels (May 2024, November 2024) and the upper decreases (August 2024 and April 2025).
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The inner pressure of this length is rarely asleep: statistically, the break often travels to a similar distance to the home candle range-about 26 cents in this case-control on both sides. Until the arrival of this break, the floor sets $ 0.16 and a $ 0.42 ceiling from the November missile external limits.
Resistance is still general expenses. If buyers are defending the neckline and restoring a handle of $ 0.20, the Kevin extension becomes $ 0.2117 the first point. Beyond that the band lies 0.25 – 0.26 dollars, which crowned May. Certainly, the clean step through this shelf indicates that the monthly pressure has come higher and put a line of $ 0.29 on the radar.
However, at the present time, the field of vision in the market has narrowed to barely a single -cents width. It is here-between $ 0.190 and $ 0.184-that the neckline and the reverse shoulder for meteen meet on the critical Fibonacci shelf. As analysts agree, Dogecoin’s direct fate depends on whether this edge carries or collapses in the coming days.
At the time of the press, Dog was traded at $ 0.19211.
Distinctive image created with Dall.e, Chart from TradingView.com
