Dogecoin is holding near a long-term 0.618 Fib fan level, raising hopes for a repeat of its 2024 breakout setup. However, DOGE still needs to clear the short-term $0.106-$0.107 resistance zone before the next move toward $0.112-$0.114 can build. Dogecoin Price Retests 0.618 Fib Fan as Bulls Look for Repeat Breakout Dogecoin is retesting a long-term Fibonacci fan level on the weekly chart shared by Surf on X, with the analyst comparing the current setup to the October 2024 move that came before a larger rally. The DOGE chart shows several descending Fib fan lines drawn from the 2021 high. These lines have acted as long-term resistance and support zones during Dogecoin’s market cycles. DOGE/USD Weekly Fib Fan Chart. Source: Surf on X Surf pointed to the October 2024 retest of the 0.5 Fib fan, which came before DOGE made a strong move higher. The current chart shows a similar retest, but this time near the 0.618 Fib fan. DOGE is trading near $0.1035, close to the fan line and the mid-range area around $0.095-$0.115. This zone now matters because buyers need to hold it to keep the repeat setup alive. If Dogecoin holds the 0.618 Fib fan, the chart would support another recovery attempt. The first upside area sits near $0.14-$0.17, while stronger resistance appears around $0.21-$0.25. However, the setup still needs confirmation. A weekly close below the fan line would weaken the comparison with October 2024 and put lower support near $0.08 back in focus. For now, the chart shows a possible repeat pattern, not a confirmed breakout. Dogecoin must hold the 0.618 Fib fan before bulls can point to another larger wave. Dogecoin Price Eyes Breakout as $0.106-$0.107 Resistance Comes Into Focus Dogecoin is trying to break out of a falling channel on the 2-hour chart shared by Trader Symba on X. The DOGE/USDT chart shows price trading near $0.10397 after bouncing from the lower part of the descending range. That reaction suggests buyers are trying to defend the $0.100-$0.102 area. DOGE/USDT 2-Hour Falling Channel Chart. Source: Trader Symba on X The main resistance now sits near $0.106-$0.107. Trader Symba marked this zone as the breakout level DOGE must clear before the next move can build. If Dogecoin breaks above that descending resistance, the next target area sits near $0.112-$0.114. That zone matches the projected move shown on the chart. However, DOGE has not confirmed the breakout yet. Price is still close to the falling channel’s upper line, so bulls need a clean move above resistance. If DOGE fails near $0.106-$0.107, price could stay inside the channel and return toward the lower range. For now, Dogecoin is showing early recovery signs, but the real test remains the $0.106-$0.107 breakout zone.
