Dogecoin’s recent surge—up roughly 28% over four days—has pushed the meme coin back into a familiar decision zone on higher timeframes, and a cluster of analysts say the most likely path is a pullback before continuation rather than an immediate fade—provided key Fibonacci levels hold. What’s happening now After a sharp run, DOGE is confronting nearby resistance on the 4-hour, weekly and monthly charts. The move looks strong, but the price action is at a classic inflection point: it can either roll over or settle into a clean retest that sets up the next leg higher. Analyst views and key levels - Matt Hughes (@matthughes13) pins the verdict to the weekly 0.382 Fibonacci retracement at $0.13847. “DOGE regaining the .382 fib at .13847 is bullish for continuation higher,” he wrote, noting that bulls need weekly acceptance above that level to keep the uptrend intact. Hughes also highlighted an attractive risk/reward in the $0.11–$0.12 zone he flagged previously. - Byzantine General expects a short reset to the ~$0.14 area before buyers resume control: “DOGE made a pretty incredible move. After taking out the range highs I think a little pullback makes sense, but it still looks very strong overall.” - Cantonese Cat frames the move more tactically: the rally “can still work” if it respects structure and reacts cleanly to resistance. He pointed to a brutal retrace to the 0.382 level that preserves a possible four-year cup-and-handle setup, and noted price hit resistance “literally right on the money,” leaving the month ahead as a test of follow-through. Fibonacci checkpoints to watch - 4H/weekly pivot: 0.382 at $0.13847 (key reclaim level) - Higher retracements on Hughes’ 4H roadmap: 0.5 at $0.19070, 0.618 at $0.26261 - Monthly band: 0.382 at $0.11778, 0.5 at $0.15428 (near prior 4H range highs), 0.618 at $0.20210 If DOGE holds weekly acceptance above $0.13847 and reclaims the monthly $0.15428 area, the shared bias is consolidation first, then extension. Failing $0.13847 would flip the setup toward a failed reclaim, bringing supports at $0.11778 and $0.09320 back into focus. Derivatives and market structure The 4-hour picture shows rising derivatives positioning rather than euphoric excess: aggregated open interest on Velo climbs toward 4.714 billion, and cross-exchange funding is slightly positive (Binance 0.01, Bybit 0.0099, OKX 0.0082)—consistent with a market leaning long but not necessarily about to blow off. So, is this a “dead cat bounce”? That label is conditional. The rally looks like a textbook bounce that could fail, but analysts argue it’s more likely to be a pullback-then-continue scenario as long as the weekly 0.382 at $0.13847 and the nearby monthly 0.154 area hold as support/resistance pivots. Price at press: $0.14944. Read more AI-generated news on: undefined/news

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