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MACD BULL CROSS IMMINENT? DOGE REBOUNDS OFF $0.132 FLOOR - WHY A 10% RALLY IS NEXT.
Dogecoin is fighting to shed its bearish momentum, currently staging a modest intraday rebound after sliding toward recent swing lows. While the token remains firmly in a short-term cooling-off phase, two critical technical signals are now flashing green: a historical MACD bullish cross setup is forming on the 3-day chart, and the price successfully bounced off a crucial Fibonacci floor. This structure suggests that if buyers can conquer one immediate resistance, a significant move toward the $0.151 zone is highly likely. I. The Historical Bull Signal: MACD Cross Setup The greatest hope for a sustained rally lies in a historical pattern confirmed by analyst charts: The MACD Catalyst: The 3-day Dogecoin chart shows the MACD lines compressing and nearing a bullish cross in negative territory. Historically, similar crosses that occurred after prolonged downtrends were immediately followed by strong, multi-week upswings for DOGE.Momentum Shift: This pattern, combined with the RSI bouncing off oversold territory, signals that the downside momentum is easing and traders are attempting to build a reliable short-term bottom in the $0.13 zone. II. The Fibonacci Battleground: Holding the Line The immediate recovery is contingent on Dogecoin navigating a clear set of Fibonacci support and resistance levels: Crucial Support: The price successfully rebounded from the recent swing low, confirming $0.132 (the 0 Fib level) as the major support base that must hold.Immediate Resistance: DOGE is currently pressing directly into the $0.1378 (0.236 Fib) resistance. A clean break above this ceiling is the absolute requirement for buyers to open the path to higher targets.The 10% Upside: Conquering the $0.1378 resistance would open the door toward the strong supply band between $0.141 and $0.144 (the 0.382–0.5 Fib region). The ultimate short-term target is the $0.147–$0.151 cluster (the 0.618–0.786 Fib), representing roughly a 10% gain from current levels. III. Final Verdict: Two Conditions for Lift-off The short-term fate of Dogecoin rests on two simple technical conditions: the completion of the powerful MACD cross setup and the successful breach of the immediate Fibonacci resistance at $0.1378. Failure to conquer this level risks a fallback to the $0.132 floor. If both bullish conditions are met, the historically reliable MACD signal suggests the coming rally will not just be a relief bounce but the start of a multi-week upswing.