Fibonacci Level and Retracement:
- DOGE reached the 1.618 Fibonacci level at the price zone of $0.14440 before retracing to $0.12970. This retracement occurred at a significant zone that acted as a breaker block on the daily timeframe.
Breakthrough of Key Resistance Levels:
- DOGE has successfully broken through two key resistance zones: the initial resistance at $0.14440 and the current zone at the 2.618 Fibonacci level, located at $0.16818.
Future Target:
- Given the upward momentum and the anticipated impact of the upcoming US elections, the next key target for DOGE is projected to be $0.21574, which represents a potential area of strong resistance.
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