This came as he noted that the current price action aligns with a bullish indicator from previous cycles. The analyst claimed that this signals a massive pump is incoming, with Dogecoin’s rise happening quickly. DOGE could indeed be ready for the next move, as Trader Tardigrade mentioned that it has found support in the Fibonacci 0.382 to 0.5 zone. It dipped into that area and rebounded, which hints at a successful retest.
He stated that $0.26 is the major area of resistance for Dogecoin and claimed that a breakout above that resistance could spark a new bull run. His accompanying chart indicated that DOGE could rally to as high as $0.4 if it breaks the $0.26 level.
