Dogecoin (DOGE) is trading just above $0.20, with analysts suggesting a potential rebound. A TD Sequential buy signal appeared on August 26, 2025, indicating a slowdown in selling pressure after nine consecutive red candles on the 4-hour chart. Analyst Ali Martinez and Trader Tardigrade have identified a cup-and-handle pattern, with potential targets of $0.82 and $2.18.
The $0.20 level is crucial, as Dogecoin has shown mixed Q3 results historically. In 2025, DOGE is up 28.8% in Q3, contrasting previous years' declines. Key retracement levels include the 61.8% Fibonacci at $0.2117 and the 78.6% level near $0.2011. Analysts believe maintaining support at $0.20 could lead to testing higher resistance levels, with the 100% Fibonacci extension at $0.2810.
Dogecoin Eyes Rebound as Analysts Highlight Key Support Levels
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.