Dogecoin Finds Support at $0.265 Amid Technical Signal Confluence

Dogecoin's price is exhibiting classical support signals between $0.256 and $0.265, with multiple technical indicators suggesting potential stabilization:

A "tweezer bottom" pattern indicates dip buyers are defending the $0.265 level.
The 0.382 Fibonacci retracement at $0.26537 has been reclaimed, aligning with the tweezer lows.
Anchored VWAP, drawn from a cycle high, acts as dynamic support around $0.265–$0.27.

This confluence of support suggests a potential local bottom for DOGE. The nearest resistance lies at the 0.5 Fibonacci retracement at $0.30724, with further levels at $0.34911, $0.40871, $0.44419, and $0.48464. Should the $0.265 support fail, the next support is at the 0.236 retracement of $0.21357. At present, DOGE is trading at $0.267.

Is the Dogecoin bottom in?

Dogecoin price