Dogecoin’s price action continues to honor the technical “blueprint” laid out by crypto analyst Kevin (@Kev_Capital_TA), who reaffirmed on Sunday that his strategic roadmap from March 22 remains intact. The weekly chart reveals an extended descending channel drawn with multiple yellow trend lines that originated in 2021 and constricted price action throughout 2022. Within that formation, the most critical horizontal threshold appears to be $0.139, labeled on the chart as the “Last line in the sand” and described by Kevin as essential for preserving bullish market structure. He notes that maintaining durable weekly closes above this zone is paramount for further upside, while a decisive break beneath $0.139 would nullify the bullish thesis. Dogecoin Follows The Blueprint Dogecoin’s retracement from highs near $0.45 earlier this year has so far been contained by a confluence of support channels and Fibonacci retracement levels. According to Kevin’s chart, the primary Fib levels span from roughly $0.049 at the lower bound (0% Fib) to around $2.268 at the 1.414 extension. Related Reading: Dogecoin Whales Buy Over 80 Million DOGE In 24 Hours – Sign Of Recovery? Closer inspection shows i ..
Support the originator by clicking the read the rest link below.
