Dogecoin’s Moment of Truth: Analyzing the 0.382 Fibonacci Reclaim

Dogecoin ($DOGE) has staged a significant 28% recovery, catching many bears off-guard. However, as it approaches major monthly resistance, analysts are examining the charts to see if this rally has the "legs" to continue into a full-scale 2026 trend reversal.

The Monthly Setup According to analyst Matt Hughes, the core of the bullish thesis rests on the 0.382 Fibonacci retracement at $0.11778. This level has historically acted as a pivot point between bearish and bullish cycles. Holding this level on a higher timeframe suggests that the "bottoming process" is officially underway.

Structure vs. Momentum Cantonese Cat’s logarithmic analysis highlights that DOGE ended 2025 holding the 0.786 log Fib ($0.108). This structural defense is "inside candle" price action, which typically favors bullish continuation once volatility returns. The immediate challenge is a cluster of stop-losses sitting near $0.15, which could act as a magnet for a short squeeze before a potential cooling-off period.

At the End If DOGE can flip the $0.152 zone into support by the end of the week, the "Dead Cat" fears will likely subside. Until then, traders should remain cautious of a fakeout.