Dogecoin News Today: Dogecoin Tests Key $0.213–$0.189 Support Amid Critical Juncture

A widely followed crypto analyst, known as Kevin (@Kev_Capital_TA), has warned that Dogecoin (DOGE) is now at a critical juncture following its recent pullback to approximately $0.22 after failing to break through the $0.26–$0.28 resistance level [1]. This area, often referred to as a "macro golden pocket," is a well-known cluster of Fibonacci retracement levels and historical resistance that frequently acts as a barrier during counter-trend moves. Kevin’s analysis, shared on X on July 31, 2025, highlights that this rejection is consistent with broader market behavior seen across other altcoins.

Currently, DOGE is retesting a key support zone between $0.213 and $0.189, which aligns with major daily moving averages, the 50% Fibonacci retracement of a prior swing, and what the analyst describes as a "weekly bull market support band." According to Kevin, if this confluence of support levels holds, it could allow DOGE to resume an upward trend and test the upper levels again. However, a break below this range would likely trigger a sharp decline toward the $0.14–$0.12 range, which he refers to as the "shadow realm" [1].

The analyst has faced some scrutiny from the community regarding the shift in tone from earlier bullish forecasts. One user pointed out that Kevin had previously advised taking profits above $0.40 and entering at $0.14, both of which proved profitable. Kevin clarified that his guidance has always been level-based rather than purely directional, emphasizing that taking profits at resistance levels is a standard strategy [1].

Another user highlighted the influence of Bitcoin on altcoins, a point Kevin acknowledged. He noted that altcoins, including DOGE, remain highly dependent on the direction of Bitcoin, especially during critical resistance or support levels [1].

The technical outlook for Dogecoin is, therefore, binary. A sustained close above $0.213–$0.189 would suggest a potential continuation of the bullish case, while a decisive break below that range would likely accelerate downward pressure and push DOGE toward lower demand levels. At press time, Dogecoin was trading at $0.205, just below the critical support zone [1].

Sources:

[1] If Dogecoin Loses This Level, Expect A Major Crash

https://www.newsbtc.com/news/dogecoin/if-dogecoin-loses-this-level-expect-a-major-crash/