Dogecoin is back pressing a long-standing resistance cluster as two prominent traders map the next pivotal steps. Cantonese Cat highlights a stubborn monthly Fibonacci ceiling at the 0.886 retracement—marked on his chart at $0.26633—while top trader Kaleo (who is leading the Synthetix trading challenge) points to a thin-liquidity pocket on lower time frames that he believes could enable a “swift reclaim” of $0.25.
On the monthly grid shared by Cantonese Cat, the key levels are unambiguous. DOGE’s primary resistance remains the 0.886 retracement at $0.26633, just below the cycle reference at 1.000, labeled $0.73905.
Support beneath price lines up with the 0.786 retracement at $0.10879, followed by 0.707 at $0.05363 and 0.618 at $0.02417. The current monthly candle sits near $0.19–$0.20 with roughly ten days left on the bar, holding within a consolidation corridor bounded by $0.10879–$0.26633 after an aggressive spike that wicked into 0.786—what the analyst called a “scam wick.”
The levels on the chart contextualize DOGE’s multi-quarter structure. Since the 2021 blow-off, price has respected the Fibonacci ladder, repeatedly orbiting between the 0.707 and 0.886 bands. The failed pushes toward $0.26633 and the quick rejection wicks underscore how supply continues to reload at that shelf, while the sharp but short-lived pierce to the $0.10879 region confirms dip demand at the 0.786 handle without establishing acceptance below it.
With the candle bodies clustered mid-range and the tails testing both extremes, the pair has carved a high-time-frame equilibrium that will likely resolve on a monthly close through either $0.26633 or a breakdown back toward $0.10879.
A visible range volume profile shows a prominent node around $0.20–$0.21 and a conspicuous low-volume pocket above, running through the low-$0.20s toward a green supply band capped near $0.25. He describes “A LOT of thin air to fill from the market nuke a couple weeks back,” referencing the vertical liquidation that drove DOGE from the mid-$0.20s to sub-$0.12 in a single cascade before rebounding.
At press time, DOGE traded at $0.191.
