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A widely followed chartist says Dogecoin’s latest rally has run into textbook 
resistance and the memecoin now sits on a make-or-break support band that will 
determine whether momentum resumes or unwinds. Crypto analyst Kevin 
(@Kev_Capital_TA) published a daily chart on X on July 31, 2025, showing DOGE 
pulling back to roughly the $0.22 area after a rejection beneath $0.28. 
Dogecoin Must Hold This Key Zone “Dogecoin holders as you can see DOGE came up 
to the macro golden pocket at the major resistance of .26-.28 cents and saw a 
rejection similar to the rest of the altcoins market after a really nice 
move,” he wrote, adding that price is “retesting the big support zone you want 
to hold… .213-.189 is all of your major daily MA’s, weekly bull market support 
band and the 0.5 FIB. Hold that zone and all is well Doge will end up bouncing 
higher. Fail it then your going back down into the shadow realm at the .14-.12 
cents level.” Related Reading: Dogecoin Eyes Breakout Above Key Trendline-Will 
Momentum Hold Or Fade? The accompanying chart—set to the one-day 
timeframe—depicts DOGE’s advance into the $0.26–$0.28 “macro golden pocket,” a 
term traders typically use for the 61.8%–65% Fibonacci retracement cluster 
that often caps counter-trend moves. Kevin’s map highlights how the rejection 
there coincides with a dense shelf of historical supply and a clearly defined 
horizontal resistance band dating back to prior distribution. The subsequent 
slide has brought DOGE back into a breadth of confluent supports: a cluster of 
key daily moving averages, the analyst’s “weekly bull market support band,” 
and the 50% retracement of the prior swing, all stacked between $0.213 and 
$0.189. Confluence of this kind—multiple widely watched signals occupying the 
same price zone—often becomes a battleground; a decisive defense can restore 
trend structure, while a breach can accelerate liquidations. Community 
responses pressed the analyst on consistency and risk framing. One user, 
@SmRatul1994, challenged the shift in tone: “You just said Doge was very well 
positioned a couple weeks ago. Now you’re saying the opposite which things 
change so quickly?” Kevin replied that his guidance has been contextual and 
level-driven rather than directional at all costs. “I remember telling people 
to take profits at .40+ cents in December a buy at .14 cents twice this year 
both of which produced 70+% gains and I also remember telling people to take 
profits at the highs both times. Don’t cry in the casino buddy. I have been 
saying BTC and the Altcoin market was at major resistance for over a week 
now,” he said. Related Reading: Dogecoin Just Flashed A Rare Weekly Bullish 
Signal — This Analyst Is Buying Another commenter, @anthonyzamanz, noted the 
market’s correlation to Bitcoin—“Also all depend where Bitcoin will go…”—to 
which Kevin answered, “yes sir,” underscoring the top-down dependency altcoins 
retain on BTC’s path. When a separate user quipped, “To summarize, dogecoin 
will go up, if not it will go down,” Kevin distilled the thesis back to the 
levels: “Hold those levels and go up if not go down. You almost had it.” In 
practical terms, the roadmap laid out is binary and technical. A sustained bid 
inside $0.213–$0.189 would argue for continuation, potentially setting up 
another attempt at the $0.26–$0.28 range that capped the recent push. Losing 
that band on convincing volume and closing structure would, in Kevin’s words, 
open the “shadow realm” below, with $0.14–$0.12 flagged as the next major 
demand pocket. For now, the chart places DOGE squarely at confluence, with 
bulls tasked to convert the moving-average cluster and mid-range Fibonacci 
support into a durable base before any serious discussion of upside resumes. 
As ever in altcoin cycles, the analyst and several respondents emphasized that 
Bitcoin’s behavior will likely arbitrate the outcome. At press time, DOGE 
traded at $0.205. Featured image created with DALL.E, chart from 
TradingView.com