Will Taylor (@Cryptoinsightuk) says a slide toward $0.078 could offer Dogecoin’s best risk/reward in over two years — and he’s ready to buy. On March 25 Taylor posted that he’s watching for a dip to roughly $0.078, calling it “the best R/R we’ve seen since October 2023” and saying he would “buy a decent size” at that level. His analysis, backed by charts, is conditional rather than bullish-by-default: he’s not claiming a breakout has already occurred, but argues several technical signals converge around that zone. Why $0.078 matters - Multiple technical factors overlap near $0.078: a prior accumulation zone, a high-volume trading area on the volume profile, and the lower boundary of a long-running pennant-like range. - Weekly RSI is “compressed,” Taylor notes — an indication downside momentum may be easing rather than accelerating. - For technicians, that kind of confluence can mark a price region where buyers previously stepped in, increasing the odds of a bounce if support holds. Asymmetry and upside potential Taylor emphasizes the asymmetry of the setup: playing a rebound within the range could, in his view, produce outsized returns. He points to a chart projection that maps roughly a 300–348% move from the lower support to the range’s upper boundary if DOGE reclaims and rallies from that area. He describes the trade as “great for a spot buy technically” while still planning “a few stabs” rather than an all-in. A cautionary note Taylor’s thesis is explicitly conditional — it depends on DOGE holding the lower support and losing further downside momentum. It is not a guaranteed outcome, merely a trade framework based on technical overlap and market structure. Market snapshot At press time DOGE traded around $0.09. Read more AI-generated news on: undefined/news
