✨ Is The Dogecoin Rally A Dead Cat Bounce? Analysts Weigh In
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With a 28% rally over the past four days, Dogecoin (DOGE/USDT) is back at a familiar decision point on higher timeframes, with three analysts leaning toward “pullback-then-continue” rather than a simple fade, so long as a key Fibonacci reclaim holds. Across the 4H, weekly, and monthly charts shared
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With a 28% rally over the past four days, Dogecoin (DOGE/USDT) is back at a familiar decision point on higher timeframes, with three analysts leaning toward “pullback-then-continue” rather than a simple fade, so long as a key Fibonacci reclaim holds. Across the 4H, weekly, and monthly charts shared by Matt Hughes (@matthughes13), Byzantine General (@ByzGeneral), and Cantonese Cat (@cantonmeow), the market is framed as strong but now confronting nearby resistance after a sharp move. Is Dogecoin’s Rally A Dead Cat Bounce? Matt Hughes’ core tell is the weekly 0.382 retracement at 0.13847, which his chart highlights as the pivot level bulls needed to regain. He put it plainly: “DOGE regaining the .382 fib at .13847 is bullish for continuation higher. It was just a few days ago when some people were bearish at this major support zone that I pointed out in the post below” He anchored that read to the prior demand area he’d flagged last week: “Risk/reward in the .11-.12 zone for DOGE is incre